Whether you are a US citizen living in Canada or a Canadian moving or working abroad, it is important to understand all the cross-border tax implications in order to strategically manage your personal and corporate taxation needs. At Smythe, we service a number of different types of clients, including both US and Canadian residents, part-year residents, US residents with foreign corporations, as well as non-residents. We also service the US tax needs of Canadian companies expanding its business into the US. Our skilled US tax team has experience working with clients in a vast variety of tax situations and is always up-to-date with the most current tax laws, regulation treaties and procedures to ensure we can answer all of your US, Canadian and cross-border tax questions.

US Personal Tax Compliance Services

  • US federal & state personal income tax returns
  • US estate & gift tax returns
  • US expatriation tax returns
  • US income tax returns for estates & trusts
  • US Offshore Voluntary Disclosure Program & IRS Streamlined Procedures
  • Preparation of US annual slips (NR4, 1099)
  • Correspondence with the US tax authorities
  • US foreign reporting filing (FBAR).

US Personal Tax Planning & Consulting Services

  • Consultation on cross-border tax issues & employment abroad
  • US estate & gift tax planning and corresponding Canadian tax implications
  • US expatriation tax planning
  • Pension split calculation to minimize overall tax liabilities
  • Analysis of tax treaty applications for individuals
  • US tax implications from owning RRSP/RESP/TFSA/Mutual funds
  • US tax consequences to US persons owning shares in Canadian corporations (subpart F implications, PFIC issues).

US Corporate Tax Compliance Services

  • US federal corporate and partnership income tax returns
  • US federal income tax and information reporting for foreign corporations
  • US state and local income and other tax returns
  • Representation and liaison before IRS and state tax authorities

US Corporate Planning & Consulting Services

  • US inbound and outbound transaction tax planning
  • Permanent establishment analysis under US-Canada Treaty
  • Tax planning and reporting on investment in US real property under FIRPTA
  • Debt equity thin capitalization analysis
  • US tax review and due diligence on transactions
  • Withholding tax analysis and planning
  • State corporate income tax nexus studies
  • Sales and use tax consulting
March 8, 2018

Phasing out of the Health and Welfare Trust Regime

Health and Welfare Trust A health and welfare trust (HWT) is not defined in the Income Tax Act (the Act). In general terms, a health and we...
January 19, 2018

Announcing our acquisition of Brewer Edge LLP

Smythe LLP is pleased to announce their acquisition of South Surrey-based CPA firm Brewer Edge LLP. The Brewer Edge team, led by Gary Brewer...
December 15, 2017

Tax Update: Simplifying Income Sprinkling

On December 13, 2017, the Department of Finance released revised draft legislative proposals in respect of the tax on split income (“TOSI...

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