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
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
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
Tax over US-owned homes in Canada: The entire story
Canada has been a prime hub for real estate and so multiple country citizens, especially from the USA, have been actively investing in properties in Canada. For the same reason, the rate of non-resident property ownership in Canada for 2019
T1134: What is it and how to get through?
The T1134 Form is a necessary government document that is applicable for all stakeholders involved in a foreign affiliate, including individuals, companies as a whole, partnerships, etc. In simpler words, it is a mandatory form that needs to be filled
Solar manufacturing tax credit: How is it beneficial for green-energy manufacturers?
As per the current industry overview of the USA, solar energy production is growing at the fastest pace in the country. Due to this, the USA’s effort to contribute to the reduction of the global emission levels of harmful gases