Practice Areas – International Tax Advisor North York
Below are just some areas we provide. If, you require an international tax advisor North York or do not see what you are looking for. Please do give us a call at 416-628-7824 Ext.2 and speak to an international tax advisor.
Personal Tax Planning:
▪ Income Splitting
▪ Borrowing to Invest
▪ Education Trusts
▪ Tax Saving Strategies
▪ Investments
▪ Deductions and Credits
▪ RESP’s, RDSP’s and TFSA’s
Personal Financial Planning:
▪ Cash Management and Budgeting
▪ Investment Planning and Asset Allocation
▪ Risk Management and Insurance
▪ Tax Planning
▪ Retirement Planning
▪ Estate Planning
Retirement Planning – International Tax Advisor North York:
▪ Cash Flow Projections
▪ RRSP Conversion Decisions
▪ Pension Plan Decisions
Inbound Tax Planning – International Tax Advisor North York:
• Tax planning for Immigration to Canada
• Tax planning for Returning Canadian Expatriates
• Investment in Canadian Businesses and Real Estate by Nonresidents
• Nonresidents Carrying on Business in Canada
• Canadian Subsidiaries of Foreign Corporations
• Tax Treaty Issues
Outbound Tax Planning – International Tax Advisor North York:
• Tax Planning for Emigration From Canada
• Post migration Expatriate Issues
• Investment by Canadians in Foreign Businesses and Corporations
• Investments by Canadians in Foreign Real Estate
International Corporate Tax Planning:
• Corporate Reorganizations
• Incorporation of Unincorporated Businesses
• Minimizing Tax on the Sale of Shares of Corporations by Using the “capital Gains Exemption”
• Minimizing Tax on the Sale of Shares of Corporations by using “Safe Income Strips”
• Utilizing Corporate Tax Losses
• Partnership Formation, Reorganization, and Dissolution
• Optimizing Dividend / Salary Policy
• Maximizing the use of the “Small Business Deduction”
• Rolling over shares to Holding Companies
• Creditor Proofing Reorganizations
• Structuring Shareholder Buy / Sell Agreements
• Advising Foreign Corporations Operating in Canada
• Advising Canadian Corporations Operating Outside of Canada
Estate Planning & Taxes Abroad:
• Estate “Freezing” of Private Corporations so that tax on death is minimized
• Reviewing and Advising on wills in order to avoid tax pitfalls and minimize taxes payable on death
• Advising in connection with the formation and terms of family trusts created during the lifetimes of individuals
• Planning aimed at minimizing exposure to probate fees on death
• Planning aimed at minimizing exposure to U.S. estate taxes
• Postmortem Planning Aimed at Avoiding Double Taxation in Connection with Shares of Private Corporations Owned on Death
• Planning Issues Regarding Corporate Owned Life Insurance
• Structuring Shareholder Buy / Sell Agreements
Real Estate & Tax Planning – International Tax Advisor North York:
• Ownership structures Regarding Acquisition of Real Estate
• Minimizing or Deferring Tax on Real Estate Gains
• Maximizing Utilization of Tax Losses
• Structuring Joint Ventures or Syndication
• Capital Gain Versus Income Determinations
• Principal Residence Issues
• Nonresident Investment in Canadian Real Estate
• Canadian Investment in Foreign Real Estate
• Creditor Proofing Real Estate Holdings
US & Canada Cross-Border Tax Preparation, Planning and Compliance:
• General US and Canada Crossborder Tax Planning
• Relocation and Immigration Planning to Canada from the US or Vice Versa
• Income Tax and Stock Options planning for US Citizens Residing in Canada
• Client Representation with both the US Internal Revenue Service (IRS) & Canada Revenue Agency (CRA)
• Assistance in Meeting Foreign Asset Reporting and Disclosure Requirements
Services for US Citizens and Green Card Holders:
• Assistance in Citizenship Renunciation, Expatriation Consulting and Compliance
• US Tax Planning for Ownership or Beneficial Interests of Non US Corporations, Trust and Partnerships
• US and Canada Cross-border Estate Planning
• US Tax Planning in the Event of Marital Separation
• Certification Applications for the Disposition of Taxable Canadian Property by non-Canadian Residents
• US Tax Planning for Ownership of Canadian Business Interests
US Tax Filing under the New Streamlined Filing Compliance Procedures:
• Introduced on September 1, 2012
• Catch Up Tax Returns Package for Delinquent US Citizens and Green Card Holders
• Eligible for Non-resident US Taxpayers with Low Compliance Risk
• IRS will not Assert Penalties
US Tax Filing under the Offshore Voluntary Disclosure Initiative (OVDI):
• Catch Up Tax Returns Package for Delinquent US Citizens and Green Card Holders
• Liaise Between the Internal Revenue Service and the Taxpayers on the Submission Under the OVDI
Services for Canadian Citizens, Residents and Other Non US Residents:
• US Tax Advice on the Various Ownership Structures in US Real Estate Investment
• US Tax Planning for “Snowbirds” or Future “Snowbirds”