7.2.2 [a] Article Vii[1]Business Profits – Taxation of Profits Attributable to a permanent EstablishmentBusiness profits of a U.S. resident carrying on a business in Canada are...
Posted by The Accounting and Tax on 08/31/2017
7 . 2 . 1 (a)In general, the net business profits of a non-resident carrying on business or any other income generating activities in Canada are subject to the income tax imposed under...
Posted by The Accounting and Tax on 08/31/2017
Generally, Article VII provides that the business profits of a person resident in one Contracting State should not be taxable in the other Contracting State unless the particular...
Posted by The Accounting and Tax on 08/31/2017
Capital gains tax on the profit made from selling a house can be avoided to some extent based on numerous factors. The timing of sale is crucial. If you time things right, there...
Posted by CROMWELL & ASSOCIATES, LLC on 08/16/2017
If you invest in properties, you probably need to pay substantial real estate taxes and numerous other expenses. Fortunately, a variety of federal tax deductions allow you to recover...
Posted by Advantage Tax Service on 08/16/2017
Fresh retirees often have to cope up with the sudden changes that hit them when they quit something they've been doing for several years together. The adjustment could mean a lot...
Posted by Bottom Line Tax Services, LLC on 06/21/2017
As per federal law, employers must withhold a specific amount from their employee salaries and wages and remit them to the Internal Revenue Service (IRS) as income and payroll taxes. An...
Posted by CROMWELL & ASSOCIATES, LLC on 06/21/2017
Many students and parents face large tuition bills and loan debts that they fear they will be paying off for many years to come. Fortunately, the federal government recognizes the...
Posted by Bottom Line Tax Services, LLC on 06/14/2017
Americans are required to file their annual tax returns by April 15th. However, there are numerous challenges as far as filing your income is concerned. It is generally advisable...
Posted by Bottom Line Tax Services, LLC on 05/17/2017