International Tax
When it comes to international commerce, there is no substitute for knowledge and experience. If you run a cross-border or international business in Canada or want to establish one or need advice on restructuring your international assets, Soberman’s International Tax Group can help.
Our international insight is augmented by our experiences with a broad range of clients, from privately-owned Canadian companies with overseas operations to Canadian subsidiaries or branches of multinational companies. With significantly increasing mobility in a global economy, we also provide expert tax advice for expatriates living abroad.
Through our membership with Crowe Horwath International, we work closely with regional member tax advisors to structure appropriate mechanisms that minimize income taxes worldwide and Canadian sales taxes.
Doing Business in Canada
Our in-depth skills and experience enable us to assist clients with tax compliance issues as well as planning and structuring.
Investing in Canada
The Canadian tax authorities levy withholding taxes on rents, royalties, interests, dividends and, in certain cases, capital gains. Our vast network of international tax treaties makes it possible to reduce withholding tax if investments are structured in an appropriate manner. However, the tax-reporting system for investment in Canada by non-residents is considerable. We can recommend tips to avoid tax traps when investing in Canada.
Immigrating or emigrating
Canadian tax law considers immigrants to have acquired capital property at fair market value on the day they become Canadian residents. Similarly, emigrants are considered to have disposed of such property on the day they give up their Canadian residency. It is important that planning take place before individuals or corporations establish or relinquish their Canadian residency.
For more information on our International Tax services, please contact any one of the professionals listed under "Key Contacts" to the right.