Search found 2 matches

by taxxy
Sat Jan 04, 2014 4:42 pm
Forum: Canada / United States Tax & Accounting
Topic: Is there a US Withholding Tax on Long Term Capital Gains?
Replies: 0
Views: 2053

Is there a US Withholding Tax on Long Term Capital Gains?

Hi folks, 1) If a Canadian individual owns stock in a private US company (C-corp), and sells it for a long term capital gain (receives cash), is there any US withholding taxes on it? 2) If a Canadian Controlled Private Corporation (CCPC) owns stock in a private US company (C-corp), and sells it for ...
by taxxy
Sun Dec 01, 2013 11:50 pm
Forum: Canada / United States Tax & Accounting
Topic: Minimizing Canadian taxes from sale of US stock
Replies: 1
Views: 1750

Minimizing Canadian taxes from sale of US stock

Hi,

I'm a Canadian citizen and Ontario resident who is selling stock in a US company. I'm looking to minimize the tax hit when the sale occurs.
Is there a better option than simply paying tax on a large capital gain?

Thanks,
Ignac