International Outbound Taxation
As Canadian businesses expand operations overseas, navigating the complexities of international tax can be overwhelming. Our team of cross-border tax specialists offer expert assistance with outbound taxation for companies with investments or operations outside Canada.
Our experts can assist with analyzing your business structure to ensure it is optimized, offering guidance for restructuring if necessary and helping with all the complex compliance requirements for Canadian tax filing purposes.
Our International Outbound Taxation Services Include
1.
Completion of Canadian tax forms such as
a. T1134: This tax form, the T1134 is used to report foreign affiliate information to the Canada Revenue Agency. Any Canadian person investing in an overseas affiliate must file this annual return.
b. T106: Information Return of Non-Arm's Length Transactions with Non-Residents
c. T1135: This form is used to report foreign property owned by Canadian taxpayers that exceeds a certain threshold.
2.
Advice on transfer pricing strategies that comply with Canadian tax law and regulations, preparing financial statements for foreign subsidiaries and branches, and filing voluntary disclosure submissions are some services provided to assist with correcting prior tax omissions or errors.
3.
Help with US tax filing requirements for investments held within the US, such as Form 5472.
4.
Calculating surplus pool balances held overseas to devise repatriation strategies.
5.
Establishing tax-efficient jurisdictions for international business activities
6.
Interpretation of Tax Treaties to Comply with Canadian Law