Tax News

Maximizing the REIT tax advantage

It’s 2011 and the new distributions tax relating to flow-through entities, including income trusts that existed on October 31, 2006, now applies.

By Gena Katz |April 8, 2011

3 min read

Advising non-resident Canadian clients

Given the number of Canadians who vacation in the U.S. each year, as well as those who move between borders for employment or other reasons, it’s important for financial advisors to be aware of the regulatory and income tax issues faced by clients who regularly spend time south of the border.

By Terry F. Ritchie |April 3, 2011

7 min read

Taxing questions for snowbirds

With the Canadian dollar rising to its highest level in 32 months in February 2011 and the appeal of warm weather, more and more Canadians are considering migrating to the U.S. Canadian businesses should get used to parity, Toronto-Dominion Bank CEO Edmund Clark told Bloomberg in February 2011. In 2010, the loonie climbed 5.5% against […]

By Terry F. Ritchie |April 1, 2011

7 min read

Hidden costs of American property

An American vacation home appears to have a double advantage for Canadians: both as an investment and as a chance to escape to sunnier climates during the winter.

By Thomas G. Dolan |April 1, 2011

9 min read