Search found 7 matches
- Mon Feb 20, 2006 8:52 pm
- Forum: Canada / United States Tax & Accounting
- Topic: RRSP Collapse - Non-Resident 25% Flat Tax
- Replies: 3
- Views: 5300
RRSP Collapse - Non-Resident 25% Flat Tax
Can someone please guide me to the Canada Revenue website or list what section of the tax act states that when a person becomes a non-resident of Canada and collapses their RRSP, they are only responsible for a flat 25% tax and are not required to report this on their Canadian income tax return. My ...
- Sat Feb 18, 2006 12:21 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Help To Figure Equivalent Salary Required CAN vs US taxation
- Replies: 4
- Views: 4572
Thanks for the reply Nelson. I don't have our CDN/US tax packages yet because this is our first year living in US. I guess I was under the false impression that the overall tax rate living in Michigan would be less than when we lived in Ontario because of our ability to claim additional deductions s...
- Fri Feb 17, 2006 9:17 am
- Forum: Canada / United States Tax & Accounting
- Topic: Help To Figure Equivalent Salary Required CAN vs US taxation
- Replies: 4
- Views: 4572
Help To Figure Equivalent Salary Required CAN vs US taxation
I am looking for some help here on determining equivalent salary required to have approximately overall same net income. My situation is the following: -Married living in Michigan -Wife works in US, approx. $40k US/year -I work in Canada, approx. $60k US/year (today's exchange rate) My question is w...
- Tue Jan 10, 2006 4:28 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Tax Advice - Living in US & Working In Canada
- Replies: 1
- Views: 2482
Tax Advice - Living in US & Working In Canada
My wife and I will be moving to the Detroit Area shortly as she has spnsored me for my GC. She already works in Detroit and is currently commuting. Once we move I will commute to Windsor to my current job. From what I understand, living in the US, and working in Canada is the worst of all the possib...
- Thu Oct 13, 2005 8:52 am
- Forum: Canada / United States Tax & Accounting
- Topic: Credit Cards & Establishing Credit
- Replies: 6
- Views: 7561
- Wed Oct 12, 2005 7:00 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Credit Cards & Establishing Credit
- Replies: 6
- Views: 7561
Credit Cards & Establishing Credit
I will be moving to the US from Canada soon and have researched what I could find on trying to establish a new credit history in the US and the frustration people usually end up having. I have applied for a TD GM VISA as I have read that this is one of the few cards that they will convert to a US Ch...
- Wed Oct 05, 2005 7:14 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Advice On Moving From Windsor To Detroit?
- Replies: 1
- Views: 3087
Advice On Moving From Windsor To Detroit?
My wife and I are planning on moving from Windsor to Detroit in the next 6-12 months. She is a US citizen (currently a PR in Canada) and commutes daily to Detroit for work. I am a Canadian citizen working in Windsor. I am in the process of trying to get work with a company in the Detroit area, but i...