> Sent: Monday, November 13, 2006 10:18 PM > To: taxman at centa.com > Subject: dual-country taxation - when to move? > > > I hope you can help with this basic question about tax implications. I'm > a Canadian citizen. I've lived in the US for the last 11 years (on a TN > Visa since Jan 2001). I'm currently a resident for US taxes; I'm > currently a non-resident in Canada with no substantial ties. > I'm about to accept a new job in Canada, which means I'll be moving back > to Canada and giving up my TN visa. The start date will be in Jan 2007. > My end date for my current position hasn't been set yet. Does it make > any difference tax-wise whether I quit my US job in Dec 2006 or Jan > 2007? I will have Canadian-source income as of late January. The > US-source income could be adjusted... either late Dec 2006 or early Jan > 2007. Does it make a difference for my taxes in Canada? > > Thank you for your informative mailing list! > ------------------------------------------- > david ingram replies: > > It would be wonderful if you could get them to delay your December pay and > pay it to you in January and move back to Canada on Jan 10th or so. You > would reduce your 2006 tax and That way you would get the December and > January pay tax free or almost tax free in Alaska because your personal > exemption would wipe out most of it and the rest would only be 15% tax, > > You would then start fresh in Canada with only a 10 day loss of Canadian > Exemption amounts and would only be paying tax to Canada on your Canadian > earnings. > ------------------------------- > David Ingram's US / Canada Services > US / Canada / Mexico tax, Immigration and working Visa Specialists > US / Canada Real Estate Specialists > My Home office is at: > 4466 Prospect Road > North Vancouver, BC, CANADA, V7N 3L7 > Cell (604) 657-8451 - > (604) 980-0321 Fax (604) 980-0325 > > Calls welcomed from 10 AM to 10 PM 7 days a week Vancouver (LA) time - > (please do not fax or phone outside of those hours as this is a home > office) > > email to taxman at centa.com <mailto:taxman at centa.com> > www.centa.com <http://www.centa.com/> www.david-ingram.com > <http://www.david-ingram.com/> > > Disclaimer: This question has been answered without detailed information > or consultation and is to be regarded only as general comment. Nothing > in this message is or should be construed as advice in any particular > circumstances. No contract exists between the reader and the author and > any and all non-contractual duties are expressly denied. All readers > should obtain formal advice from a competent and appropriately qualified > legal practitioner or tax specialist for expert help, assistance, > preparation, or consultation in connection with personal or business > affairs such as at www.centa.com <http://www.centa.com>. If you forward > this message, this disclaimer must be included." > > > Be ALERT, the world needs more "lerts" > > > David Ingram gives expert income tax & immigration help to non-resident > Americans & Canadians from New York to California to Saudi Arabia to > Mexico to China or Chile - Cross border, dual citizen - out of country > investments are all handled with competence & authority. > > New York, Boston, Sacramento, Minneapolis, Salem, Wheeling, Philadelphia, > Pittsburgh, Atlanta, Pensacola, Miami, St Petersburg, Naples, Fort Myers, > Cape Coral, Orlando, Atlanta, Arlington, Washington, Hudson, Green Bay, > Minot, Portland, Seattle, St John, St John's, Fredericton, Quebec, > Moncton, > Truro, Atlanta, Charleston, San Francisco, Los Angeles, San Diego, > Sacramento, Taos, Grand Canyon, Reno, Las Vegas, Phoenix, Sun City, Tulsa, > Monteray, Carmel, Morgantown, Bemidji, Sandpointe, Pocatello, Bellingham, > Custer, Grand Forks, Lead, Rapid City, Mitchell, Kansas City, Lawrence, > Houston, Albany, Framingham, Cambridge, London, Paris, Prince George, > Prince > Rupert, Whitehorse, Anchorage, Fairbanks, Frankfurt, The Hague, Lisbon, > Madrid, Atlanta, Myrtle Beach, Key West, Cape Coral, Fort Meyers, > Berlin, Hamburg > Warsaw, Auckland, Wellington, Honolulu, Maui, Kuwait, Molokai, Beijing, > Shanghai, Tokyo, Manilla, Kent, Winnipeg, Saskatoon, Regina, Red Deer, > Olds, > Medicine Hat, Lethbridge, Moose Jaw, Brandon, Portage La Prairie, > Davidson, > Craik, Edmonton, Calgary, Victoria, Vancouver, Burnaby, Surrey, Edinburgh, > Dublin, Belfast, Glasgow, Copenhagen, Oslo, Munich, Sydney, Nanaimo, > Brisbane, Melbourne, Darwin, Perth, Athens, Rome, Berne, Zurich, Kyoto, > Nanking, Rio De Janeiro, Brasilia, Colombo, Buenos Aries, Squamish, > Churchill, Lima, Santiago, Abbotsford, Cologne, Yorkshire, Hope, > Penticton, > Kelowna, Vernon, Fort MacLeod, Deer Lodge, Springfield, St Louis, > Centralia, > Bradford, Stratford on Avon, Niagara Falls, Atlin, Fort Nelson, Fort St > James, Red Deer, Drumheller, Fortune, Red Bank, Marystown, Cape Spears, > Truro, Charlottetown, Summerside, Niagara Falls, Albany Zimbabwe > > David Ingram expert income tax help and preparation of US Canada Mexico > non-resident and cross border returns with rental dividend wages > self-employed and royalty foreign tax credits > This from "ask an income tax and immigration expert" from www.centa.com > <http://www.centa.com/> or www.jurock.com <http://www.jurock.com/> or > www.featureweb.com <http://www.featureweb.com/>. David Ingram deals on a > daily basis with expatriate tax returns with: > multi jurisdictional cross and trans border expatriate problems for the > United States, Canada, Mexico, Great Britain, United Kingdom, Kuwait, > Dubai, Saudi Arabia, Thailand, Indonesia, Japan, China, New Zealand, > France, Germany, Spain, Italy, Russia, Georgia, Brazil, Peru, Ecuador, > Bolivia, Scotland, Ireland, Hawaii, Florida, Montana, Morocco, Israel, > Iraq, Iran, India, Pakistan, Afghanistan, Mali, Bangkok, Greenland, > Iceland, Cuba, Bahamas, Bermuda, Barbados, St Vincent, Grenada,, Virgin > Islands, US, UK, GB, and any of the 43 states with state tax returns, etc. > Rockwall, Dallas, San Antonio Houston > Denmark, Finland, Sweden Norway Bulgaria Croatia Income Tax and > Immigration Tips, Income Tax Immigration Wizard Antarctica Rwanda Guru > Consultant Specialist Section 216(4) 216(1) NR6 NR-6 NR 6 Non-Resident > Real Estate tax specialist expert preparer expatriate anti money > laundering money seasoning FINTRAC E677 E667 105 106 TDF-90 Reporting > $10,000 cross border transactions Grand Cayman Aruba Zimbabwe South Africa > Namibia help USA US > > international non-resident cross border income tax help assistance expert > preparation & immigration consultant david ingram, experts on rentals > mutual funds RRSP RESP IRA 401(K) & divorce preparer preparers consultants > > > > Alaska, Alabama, Arkansas, Arizona, > California, Colorado, Connecticut, > Delaware, District of Columbia, Florida, > Garland, Georgia, Hawaii, Idaho, Illinois, > Indiana, Iowa, Kansas, Kentucky, > Louisiana, Maine, Maryland, > Massachusetts, Michigan, Minnesota, > Mississippi, Missouri, Montana, Nebraska, > Nevada, New Hampshire, New Jersey, > New Mexico, New York, North Carolina, > North Dakota, Ohio, Oklahoma, Oregon. > Pennsylvania, Rhode Island, Rockwall, > South Carolina, South Dakota, Tennessee, > Texas, Utah, Vermont, Virginia, > West Virginia, Wisconsin, Wyoming, > British Columbia, Alberta, Saskatchewan, > Manitoba, Ontario, Quebec City, > New Brunswick, Prince Edward Island, > Nova Scotia, Newfoundland, Yukon and > Northwest and Nunavit Territories, > Mount Vernon, Eumenclaw, Coos Bay > and Dallas Houston Rockwall Garland > Texas Taxman and Tax Guru and wizzard > wizard - consultant - expert - advisor -advisors consultants - gurus - > Paris Prague Moscow Berlin > Lima Rio de Janeiro, Santaigo Zimbabwe > > > > > -------------- next part -------------- A non-text attachment was scrubbed... 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