The Government of Quebec has introduced disclosure obligations with respect to nominee agreements, covered or, confidential transactions and certain specified transactions determined by regulation subject to significant penalties in the event of non-compliance. The federal government recently announced measures similar to Quebec's specified transaction rules, among others, which are currently the subject of public consultations.
A number of Canadians who work or have worked in the United States hold Roth IRAs or Roth 401(k) plans. This article identifies the principal U.S. and Canadian tax obligations that apply to Canadian account holders.
Canadians who have previously worked in the United States and have owned IRAs and 401k plans are subject to particular U.S. and Canadian tax obligations.
A new tax could take in effect in Canada as of 2022 which would apply to underused residential properties.
As of January 1, 2022, important changes for wills and the distribution of estates of Ontario couples came into effect.
Levy Salis LLP are looking for an associate lawyer and a paralegal to join our creative, hardworking cross border tax and estate planning team.
Levy Salis LLP is thrilled to share a special article which Shlomi Steve Levy, partner, and Jean-Noel Ben Hamou, of Counsel to Levy Salis LLP, were invited to prepare for Snowbird Advisor. In this article, they present an often ignored process for Canadians to apply to extend their stay in the United States.
Levy Salis LLP is very pleased to share a special interview which Shlomi Steve Levy gave for Snowbird Advisor. In this article, he advises Canadian snowbirds on the US immigration, US tax and Canadian healthcare issues of a prolonged stay in the United States.
Levy Salis LLP is thrilled to share a special interview that Shlomi Steve Levy, partner, gave for La Presse which was published on November 8, 2020.
Canadians who own US real estate should be aware of the Canada Revenue Agency’s significant push to collect information on them. To know more, read this article.
