Howland Tax Services International provides cross-border tax preparation services for individuals and small businesses in Canada and the United States
A chequing account, also known as a transaction account, is an account you use for your everyday transactions, such as withdrawing money from an ATM, depositing paycheques, paying bills, and making one-time purchases with a debit card. You can access your chequing account at an ATM, in ...
Foreign exchange/foreign exchange rate (外汇/汇率)— 某国货币能对兑成另一国家货币的水平。G Goods and Services Tax,简称GST (货劳税)— 适用于在加拿大销售的大部分货品及服务的一项联邦税项 (目前为5%),该税项由商户代表政府收取。 Gross earnings/pay (毛收入/薪资总额)— 雇主支付给某人的总金额,当中...
Canadian corporations are required to file annual income and capital tax returns and to meet several other Canadian annual filing and remittance deadlines.
Get started with your day-to-day banking needs including wire transfers and foreign cheque deposits. Learn more about the smart account for newcomers. Step 2 Credit cards Go cashless, and even use your device to pay your purchases while earning points or cash back. Learn more about the smart...
Income Tax Act The Canadian Income Tax Act (ITA) was enhanced to incorporate the Foreign Account Tax Compliance Act (FATCA) in 2014 and the Common Reporting Standard (CRS) in 2017. The ITA describes the due diligence and reporting obligations that arise by virtue of the implementation of ...
Owned by a foreign, non-resident individual No other local income, no mortgage These figures are for reference only; always consult a reputable lawyer for accurate advice. In many countries, it is more tax-efficient to buy and rent through a company. For more information on property taxes, ...
Quarterly tax-free credit to offset some or all of the GST or HST paid by lower income Canadians. Apprenticeship Incentive Grants Taxable cash grant and how to apply. Wage Earner Protection Program (WEPP) File a claim for unpaid wages or other monies when your employer declares bankruptcy or ...
If so, you will be subject to income tax in Canada based on your global income. You will also need to file a Canadian tax return each year, regardless of your income. You May Need to Report Your Canadian Assets and Bank Accounts US expats in Canada must report their foreign assets ...
Undergoing an income tax audit? Call us. We are a team of experienced tax audit lawyers in Toronto, and we are ready to handle your case!