Canadian businesses looking to expand operations into the US have many issues to work through at the planning stage, and one important one is how to structure US operations from a tax perspective. This post discusses some of the considerations to keep in mind when deciding between forming a US subsidiary or operating directly in the [...]
Yesterday afternoon the US Senate voted to approve the US Immigration Reform Bill with a final vote of 68-32 in favor of the bill. While some modifications to the bill were made in the Senate, the key provisions for Canadians have remained largely untouched. These key provisions include Canadian/ Snowbird Tourism, and the US Retiree visa. [...]
Back in March, the Canadian government had indicated that they were looking into changing the graduated tax rates applied to testamentary trusts. Trusts have always been a tool for tax and estate planning, and although their use will likely not diminish, this overhaul will drastically alter the way in which these types of trusts are taxed. [...]
Matt C. Altro is a contributor to Paul Delean's business column in the Montreal Gazette. Click here to view the article online or scroll down to read Matt's answer to the fifth question. Tax strategy: Clearing up confusion about TFSAs PAUL DELEAN The Gazette Tuesday, June 18, 2013 At last count, more than 8 million Canadians [...]
In recent weeks, there has been extensive news coverage on the Gang of Eight’s U.S. Immigration reform bill. If the new bill were to pass, U.S. Immigration (USCIS) would extend the amount of days a Canadian can spend in the U.S. from 180 to 240 per year. Many Canadian Snowbirds are delighted that their 6-month sunny [...]
In recent weeks, there has been extensive news coverage on the Gang of Eight’s U.S. Immigration reform bill. If the new bill were to pass, U.S. Immigration (USCIS) would extend the amount of days a Canadian can spend in the U.S. from 180 to 240 per year. Many Canadian Snowbirds are delighted that their 6-month sunny [...]
We are pleased to announce that Altro LLP returned as a Champion Court Sponsor of the 6th Annual RBC Squash Crohn’s Tournament which raised over $61,000. The event was held on Sunday April 28th, 2013 at Midtown Le Sporting Club Sanctuaire in Montreal. Squash Crohn’s was joined once again by squash legend and world champion squash [...]
David A. Altro is a frequent contributor to Paul Delean's business column in the Montreal Gazette, please scroll down to read David's answer to the second question. Tax strategy: Donating a painting can pay off PAUL DELEAN The Gazette Tuesday, May 28, 2013 Donating a painting and buying a Florida condo were among the topics raised [...]
After long hours of debate and voting on various proposed amendments to the bill, the Senate Judiciary Committee voted last night to support the new US immigration reform bill. None of the amendments approved in committee appear to have any bearing on the provisions relating to Canadian tourism or the Retiree visa. By all accounts these [...]
A person is considered incapacitated when they have lost their ability to make important decisions, including those related to their assets or property. What happens to your Florida property if you become mentally incapacitated? Your loved ones may encounter significant problems when trying to sell or transfer your property. Under Florida law, the procedure called “guardianship” [...]
