International Tax Consultants: A must for every ghost resident in the U.S.A
Who are Ghost Residents? It's no secret that the United States becomes home to numerous professionals and businesses due to its high booming economy, as well as the high-grade standards it sets in the global economic stage. A good number of
Do not miss these tax rules before migrating to the USA
If you are also planning to migrate to the USA and don’t know about the tax rules there, this article will help you out. It’s always advisable that you get aware of the country’s tax rules before you migrate into that.
Reasons and requirements to start a business in Canada
As per research and entrepreneurial statistics, Canada is the perfect place to start a business. The low cost of living as well as the enormous government support that the natives get in tax credits in Canada is the biggest draw!
Article 12.3.2 U.S. Interpretation of the Treaty
12.3.2[a] Article XII(1) – Residence – Based Jurisdiction to Tax Paragraph 1 of Article XII stands for the proposition that a resident of a country receiving royalty income should be taxed by the country of residence. 12.3.2[b] Article XII(2) – Source based
Article 12.3 Explanation & Interpretation of Article XII Under U.S. Law
12.3.1 U.S. Taxation of Outbound Royalty Payments 12.3.1[a] Definition of Royalties The Code generally defines the term “royalty” by enumerating the kinds of property that generate royalty income. For Example, the sourcing rules in the Code refer to income for the use
Article 12.2.2 Canadian Interpretation of the Treaty
12.2.2[a] Article XII(1) – Residence – Based Jurisdiction to Tax Article XII(1) plays an important jurisdictional function by confirming the right of the residency State to tax royalties arising from sources in the source State and paid to a resident of
U.S.A tax filing if you move to Canada
If you are U.S green cardholder or citizen and wish to move to Canada, you need to do some planning before you make the move to Canada. Tax planning is absolutely different than tax preparation. Tax preparation is solely based on
Beware of the red flags when you cross border to enter U.S
Always have a valid passport or a passport equivalent identification. If a passport is likely to expire during the six-month visitor visa status can be grounds for a refusal to enter the United States. Travelling with U.S immigration documents such as completed
Disclosure norm requirements in the US explained
The US tax laws require a lot of financial information in regard to your finances. There may be a situation wherein you or your family members may have direct or indirect control over a non-US corporation and you may also