Search found 144 matches
- Mon Apr 25, 2005 2:34 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Taxes on Canadian Government Strip Bonds
- Replies: 7
- Views: 7130
I am a Canadian resident who will become a US resident in May 2005. In 1994, I bought a Canada stripped coupon that matures in 2013. Of course, it is in my RRSP, so I have paid no Canadian income tax on the accruing annual interest. After I've moved to the US, I plan to defer the taxes on the intere...
- Mon Apr 11, 2005 11:56 am
- Forum: Canada / United States Tax & Accounting
- Topic: Deemed Disposition and Capital Losses
- Replies: 2
- Views: 3807
- Thu Apr 07, 2005 6:10 pm
- Forum: Canada / United States Tax & Accounting
- Topic: California Taxation of Real Return Bonds
- Replies: 0
- Views: 11223
California Taxation of Real Return Bonds
We know that California will tax the income that is actually earned on Real Return Bonds held in an RRSP (just as if it were a normal bond). However, does California also tax the phantom income that results from an inflation adjustment to the principal? Is this inflation adjustment even visible to C...
- Thu Apr 07, 2005 5:50 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Deemed Disposition and Capital Losses
- Replies: 2
- Views: 3807
Deemed Disposition and Capital Losses
Before we move to the U.S. (by the end of the month), we expect that we will have to sell those securities which would trigger a capital gain under CRA's deemed disposition rules. Our expected net capital gain is about $42,000. However, we are planning NOT to sell some of those securities on which w...
- Tue Mar 29, 2005 11:27 am
- Forum: Canada / United States Tax & Accounting
- Topic: Taxing income earned before mid-year departure
- Replies: 3
- Views: 4947
- Mon Mar 28, 2005 10:20 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Taxing income earned before mid-year departure
- Replies: 3
- Views: 4947
Taxing income earned before mid-year departure
My wife and I live and work in Canada. On April 30, we will move to California, where I will be working. My wife is self-employed in Canada and has not yet paid any 2005 income tax to Canada. She has not and will not be working in the U.S.
To which jurisdiction will she pay 2005 income tax?
To which jurisdiction will she pay 2005 income tax?
- Mon Mar 28, 2005 2:14 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Please read/post about RRSP in US Here!!!
- Replies: 59
- Views: 58475
- Thu Mar 24, 2005 6:36 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Please read/post about RRSP in US Here!!!
- Replies: 59
- Views: 58475
<u>Real Return Bonds (RRBs) in RRSP</u> I will move to California for a job in May. I know that California will tax my income within my RRSP, but (I think) that's ok because I'd have to invest it unsheltered in the US. Much of my RRSP is invested in Canada Real Return Bonds. However, if I held Gover...
- Thu Mar 24, 2005 6:25 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Collapsing RSP
- Replies: 7
- Views: 11188