What is Canada’s carbon tax? How expats can get through it?
The current climatic conditions globally are all hinting towards a climate disaster, resulting in extreme dips in highs and temperatures, in places where winter is the main season, like Canada. Under the Greenhouse Gas Pollution Pricing Act in 2018, a
Infrastructure bill: How is it going to impact the US expats
The unannounced birth and spread of COVID-19 globally highlighted multiple different gaps, loopholes, and pain points in different countries all around the world. One of the major reasons why countries like, the United States of America, were amongst the worst
Extension of child tax credit: Is it going to be some relief for non-resident citizens?
In America, the cost of raising a child has been a financial burden for most citizens, especially families with lower daily incomes. As part of Joe Biden’s American rescue plan, the proposed extension of the child tax credit has its
Capital gains taxation in Canada: All expats need to know
The real estate industry is one of the most popular and fastest-growing industries worldwide with people from all around the world investing in property for self or sale in different parts of the world, as residents, expats, or non-residents. At
What is Home Equity Tax in Canada and why Expats should take interest in it?
Lots of folks accrue their wealth in the value of the home. They depend on the equity in their home for retirement. When they sell the house after a number of years they are usually hoping that they can get
What is Child Tax Credit and How US Expats Can Avail the Benefit?
Millions of US residents work in different nations and spend a considerable period of their life on foreign soil. The most prominent destination is the neighboring country, Canada. As a US expat and professionally working outside, you can claim the
5 tips for expats to save maximum tax
For expats who spend the majority of their time out of the country, travelling or working or both, taxes can become a real issue. No one likes filing their expat taxes and certainly, no one likes spending money that they
Trump objecting the release of tax returns to the Congress: How is it going to affect tax payers?
Public disclosure and release of former US President Donald Trump have been in the news since 2019. As per reports, the US DOJ (Department of Justice) commanded the IRS (Internal Revenue Service) to turn over information related to his tax
What is Canada’s tax rule for digital sales?
The government of Canada declared its new taxation norms for foreign businesses selling goods and services to Canadians through digital platforms for digital sales. In November 2020, the Canadian government announced its decision to mandate every foreign business owner to
Sales tax holidays 2021: What you need to know
Government holidays are always welcome, more so when they are available on paying taxes! Yes, every year, the government in countries like Canada, the U.S.A, etc., come up with a list of sales tax holidays. This list contains certain periods