Introduction With increasing mobility between the United States and Canada, many U.S. citizens and green card holders now live in Canada while owning real estate in the United States, Canada, or both. While this cross-border lifestyle offers flexibility and...
 Introduction With increasing mobility between the United States and Canada, many U.S. citizens and green card holders are actively considering a move to Canada or have already become Canadian tax residents. Canada offers an attractive lifestyle, a strong public...
Introduction When U.S. citizens and green card holders move from the United States to Canada, they often encounter several complex tax issues. One of the most important—and frequently misunderstood—concepts is the cost basis step-up on immigration. Under Canada’s tax...
Introduction Cross-border mobility between the United States and Canada continues to increase. As a result, many U.S. citizens and green card holders either plan to move to Canada or have already become Canadian tax residents. Many of these individuals continue to...
For U.S. citizens and green card holders moving to or living in Canada, tax residency is a critical and often misunderstood issue. Residency determines where income must be reported, which country has primary taxing rights, and what ongoing filing obligations apply....
