Non-Residents
Those who are not Canadian citizens or permanent residents but own income-producing assets in the country might seek the assistance of the accountants at Bomcas in British Columbia. We can assist you with the most up-to-date investment tax advice and guarantee that you comply with all Canadian tax requirements relevant to your investment income, regardless of your situation, whether you are purchasing an income property for the first time or selling an existing property. So you can concentrate on reaping the financial rewards of your Canadian investment while Bomcas Accounting and Tax Services takes care of the minutiae, such as filing your personal income tax return on time and calculating the proper tax withholding amounts on your behalf.
US Citizens in Residents
If you are a citizen or a green card holder of the United States who has chosen to live in Canada, the tax specialists at Bomcas Accounting and Tax Services are familiar with the tax legislation on both sides of the border, which allows them to assist you in avoiding or minimising double taxation.
Canadians who own investment and rental property in the United States or Canada
If you are a Canadian who is amassing wealth in the United States of America, it is possible that you will have marketable securities issued by the United States of America among your financial holdings. Also consider spending some time relaxing in a warmer place, such as the Caribbean or the Caribbean islands, to recharge your batteries. The Caribbean is a popular vacation destination and investment destination for Canadians who are wanting to purchase a second home in the United States as a second home or vacation rental. If you are a Canadian, you may be subject to taxation in the United States if you fall into one of these three categories. It is important to note that the tax consequences for people who are citizens or Green Card holders of the United States are distinct from the penalties for people who are not citizens or Green Card holders of that country. In the event that your Canadian company does business in the United States, Bomcas Canada Accounting and Tax Services can assist you in preparing for and dealing with the tax implications of doing business in the United States.
Taxation of Corporations in the United States
Our tax compliance services in the United States include the following:
- Corporate tax compliance.
- Income tax preparation at the federal and state levels.
- Governmental and state-level business information reporting