The U.S. Foreign Account Tax Compliance Act: What You Need To Know

Lilly August 28, 2014

What Canadians Need To Know About the U.S. Foreign Account Tax Compliance Act In March 2010, the U.S. enacted the Foreign Account Tax Compliance Act (FATCA). FATCA requires non-U.S. financial institutions to report to the U.S. Internal Revenue Service (IRS) accounts held by U.S. taxpayers. Failure to comply with FATCA could subject a financial institution or its account holders to certain sanctions including special

Canadian Holding Corporations and Individuals: Avoid Costly Foreign Asset Reporting Pitfalls

Lilly June 26, 2014

Foreign Asset Reporting Pitfalls for Canadian Holding Corporations and Individuals Canadian taxpayers, individuals, and corporations who hold foreign property exceeding $100,000 in cost at any time during the year, have significant foreign asset reporting obligations. Not only is the reporting obligation an annual requirement, but the penalties for non-compliance can be very steep. Foreign Asset Reporting Obligations Your foreign asset reporting obligations

Canada’s Anti-Spam Law: Is Your Vancouver Small Business Ready?

Lilly June 10, 2014

This law comes into effect July 1 – less than three weeks away! What is “Spam”? Essentially, it’s unsolicited electronic mail and/or communications. That “junk” folder in your inbox, you know, the one you never open? It’s likely full of spam. At the core, “spam” is about electronic commerce regulation, which means that it should be important to virtually every

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The U.S. Foreign Account Tax Compliance Act: What You Need To Know

Canadian Holding Corporations and Individuals: Avoid Costly Foreign Asset Reporting Pitfalls

Canada’s Anti-Spam Law: Is Your Vancouver Small Business Ready?

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The U.S. Foreign Account Tax Compliance Act: What You Need To Know

Canadian Holding Corporations and Individuals: Avoid Costly Foreign Asset Reporting Pitfalls

Canada’s Anti-Spam Law: Is Your Vancouver Small Business Ready?

Categories

Recent Posts

Find out how we can help you pump up your bottom line.

Find out how we can help you pump up your bottom line.

Contact Us

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We are your Vancouver Accounting Firm