On April 5th, 2019, Shlomi Steve Levy, partner at Levy Salis LLP was a guest speaker and panellist at the Global Entertainment Law + Industry conference as part of their International Tax Planning for Athletes and Entertainers panel.
Canadians who own Florida real estate and wish to sell or are interested in purchasing Florida real estate should be informed of the specificities of selling.
Canadians selling US real estate are subject to a mandatory IRS withholding on their sale proceeds. To know more, read this article.
Helping Canadians understand their tax, estate planning and ownership needs in the U.S. If you spend a significant amount of time in the U.S., or have personal or investment property there, it’s important to understand the differences between Canada and the U.S.
If you are an American living in Canada, the CRA is now sharing your Canadian bank records with the IRS. To know more, please read the blog below.
Shlomi Steve Levy was recently interviewed by Neil Sharma for his article entitled "Tax strategies to investing in the U.S." which appeared in Canadian Real Estate Wealth Magazine. In this article, Shlomi discusses certain tax planning issues for Canadians who invest in US real estate, including ownership structures and avoidance of double taxation.
The signing into law of the Tax Cuts and Jobs Act by US President Donald J. Trump on December 22, 2017 brought considerable changes to both how individuals and corporations [...]
The Tax Cuts and Jobs Act, commonly referred to as the US Tax Reform Bill, came into effect on January 1, 2018. Among the numerous changes it makes to the [...]
Many Canadians who seek to purchase or already own US real estate are unaware that at one point or another they will require a US Individual Tax Identification Number (ITIN). [...]
In comparison with Canada, US tax rates on the income of an individual are lower. US federal individual income tax rates are lower than Canadian federal tax rates and State [...]
