Kotler van den Brink & Company   

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   U.S. & Cross Border Tax Consultants

 

 

 

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Contact Information.

A description of the services provided by KVDB.

Employment opportunities with Kotler van den Brink & Company

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The U.S.TAXFAX is a newsletter published by our firm covering various topics relating to U.S. and cross-border tax matters.

This PDF document discusses how non residents recover U.S. taxes withheld on gambling winnings.

Canada - U.S. exchange rates from 1990 onwards.

Information on how a U.S. non resident obtains a U.S. ID number.

This is a W-7 form and instructions in PDF format. It is a fillable form.

 

We have noticed an exponential increase in Canadian individuals and corporations doing business in the United States since the North American Free Trade Agreement (NAFTA) was signed.  It is very important that individuals and corporations review how they are operating in the United States with an eye to reducing the overall U.S. and Canadian tax liability.  It is also important to be made aware of the various U.S.  tax compliance requirements, and associated penalties for non compliance, that will undoubtedly arise as a result of U.S. operations.   

We have noticed that the following are often overlooked by Canadian businessmen operating in the United States:  

bulletIt is important that the cross-border tax consequences be considered and not just the U.S. consequences or the Canadian consequences.   
bulletPlanning with respect to corporate structure.  How a business is structured can significantly impact the overall U.S. and Canadian taxes paid. 
bulletCanada does not tax U.S. LLC's and S-Corporations the same way the United States does.  Canadian residents must be very careful before becoming involved with these types of entities.  
bulletU.S. information returns that are required for almost every non-resident company or individual doing business in the United States (even if they are not taxable).  The IRS can levy substantial penalties for not complying with these requirements 
bulletThe impact of the Canada - U.S. Tax Convention of 1980 (the Treaty) and how the various sections of the treaty can often determine whether and how much taxes will be paid to the United States.
bulletState taxation.  Most U.S. States have their own income tax legislation and as such the tax legislation of each state that the business is operating in must be considered.    
bulletU.S. payroll requirements. 

This topic is discussed in more detail in the following U.S.TAXFAXs:

 

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Canadian corporations doing business in the United States

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Canadian consultants doing business in the United States

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U.S. work visas

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Taxation of non residents working in the United States

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U.S. ID numbers for non residents of the United States