Search found 272 matches
- Wed Mar 30, 2016 5:25 pm
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12793
- Mon Mar 21, 2016 10:20 am
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12793
- Mon Mar 21, 2016 12:43 am
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12793
- Sat Mar 19, 2016 11:28 pm
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12793
- Sat Mar 19, 2016 7:34 pm
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12793
I guess I was wondering if we would have to pay much to the UK if they only tax gains since becoming resident. But perhaps they would tax the whole thing. The link I posted is in the HMRC archives so i'm not sure if anything has changed. Perhaps it is better to take smaller RRIF payments and then if...
- Sat Mar 19, 2016 12:38 pm
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12793
Thanks. It has been kind of bugging me that this process is going to take 15 years. If the UK will give each of us an exemption for capital gains of 11000 pounds per year, wouldn't that cover tax due there on a total collapse of RRSPs equalling 80k CD? I suppose if they tax it like income, at 20%. I...
- Fri Mar 18, 2016 6:01 pm
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12793
- Fri Mar 18, 2016 10:53 am
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12793
- Thu Mar 17, 2016 3:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12793
Got it! Will switching the funds before we leave and noting the value of each one be sufficient? The UK has a capital gains exemption that I believe will be 11000 pounds for us so I wonder if we really will need to pay them anything. Thanks so much nelsona! Dealing with 3 countries is making my head...
- Thu Mar 17, 2016 3:20 pm
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12793
- Thu Mar 17, 2016 1:47 pm
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12793
- Thu Mar 17, 2016 12:52 pm
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12793
- Thu Mar 17, 2016 12:05 pm
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12793
Thanks! I am writing all this down. So you think that the periodic pension payments will not be taxed by Canada, and not by the UK either at withdrawal? I thought we would have to pay tax to the UK which is why Canada won't tax us? But then maybe that's because the UK taxes the gains as we go instea...
- Wed Mar 16, 2016 4:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12793
- Wed Mar 16, 2016 4:41 pm
- Forum: Canada / United States Tax & Accounting
- Topic: another question on moving rrsps
- Replies: 36
- Views: 12793
Thanks. I read that on the HMRC website but may be misunderstanding. http://webarchive.nationalarchives.gov. ... im1622.htm
If I couldn't get us credit for taxes paid to the UK, could I use excess foreign tax credits I've accumulated over the years?
If I couldn't get us credit for taxes paid to the UK, could I use excess foreign tax credits I've accumulated over the years?