by CodeableDev | May 22, 2025 | Cross-Border Tax, News
On May 12, 2025, the House Ways and Means Committee released the legislative text of the tax title of the Republican bill entitled “The One, Big, Beautiful Bill.” The bill was passed by the Ways and Means Committee and is moving forward. The final shape of the bill is...
by CodeableDev | May 14, 2025 | Resources
by Max Reed Many high-net-worth Canadians have a significant portion of their net worth tied up in Canadian corporations due to the tax deferral and other benefits these structures provide. Additionally, many of these families have beneficiaries who are US taxpayers...
by CodeableDev | May 12, 2025 | Cross-Border Tax, News
In an article published on October 24, 2023, we canvassed the unsettled landscape for Canadian-resident US citizens to claim foreign tax credit against their US Net Investment Income Tax (the “NIIT”) under the U.S.-Canada Treaty (the “Canada Treaty”). There have been...
