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). [...]
The US taxation system imposes onerous tax reporting obligations on its citizens. All US citizens must report and pay tax on their worldwide income – even if they live abroad. [...]
US citizenship can be acquired either at birth or through naturalization. This blog will identify the rules by which US citizenship can be acquired at birth. It is common knowledge [...]
One of the principal election promises of the Republican Party in 2016 US presidential election campaign was US tax reform. After several months of work, both houses of the US [...]
Last month, the IRS announced its annual inflation adjustments for a number of tax-related provisions for 2018, including the estate and gift tax limits and annual gift tax exemption. With [...]