TN1 Visa - Taxation Questions

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Canada_BC
Posts: 3
Joined: Mon Feb 12, 2018 7:21 pm

TN1 Visa - Taxation Questions

Post by Canada_BC »

Hello.

I am a Canadian citizen that is planning on coming to the USA on a TN1 visa as a Management Consultant. The company I will be working for is intending on paying me as a consultant in Canadian dollars through my Canadian-based Consultancy firm. I will be living full-time in the USA for the next 3-years.

What I am trying to determine are the tax implications and my taxation responsibilities for both the USA and Canada. I will not be maintaining any residence in Canada.
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Canada_BC
Posts: 3
Joined: Mon Feb 12, 2018 7:21 pm

Post by Canada_BC »

For clarity, the company I will be working for is US-based and they will be paying my personal Canadian-based Consultancy firm.
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nelsona
Posts: 18697
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

Since you will be living in US, you will be taxable in US, because of being resident there, including taxation of your firm.
You may wish to unwind your firm before leaving, and starting a US-based one.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
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Canada_BC
Posts: 3
Joined: Mon Feb 12, 2018 7:21 pm

Post by Canada_BC »

Thank-you for your response.
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