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.
TN1 Visa - Taxation Questions
Moderator: Mark T Serbinski CA CPA
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.
You may wish to unwind your firm before leaving, and starting a US-based one.
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing