Canada US Real Estate Lawyer, Cross Border Estate Planning,Tax Planning International Tax - Skadden, Arps, Slate, Meagher & Flom If you live a modern-day nomadic lifestyle and spend part of each year in California, we have considerable experience helping people with lifestyles like yours to minimize their exposure to California residence-based taxation. The scope of our planning experience extends to planning for all other categories of investment in US assets, as well. 2020 Pennsylvania Avenue NW #530, Attorney at law, State of New York -2013 - Present. Our method to tax planning is based on three crucial components: 1. tax optimization; 2. tax minimization; and 3. tax utilization. and representation are limited. 2011 - 2012. Our first complimentary online webinar in 2018 will be presented on January 18 at 12:30pm ET. I am very happy to have found Mark and definitely recommend him. In addition, the depth and breadth of the firms knowledge of both Canadian and US tax laws, uniquely qualifies them to advise clients with cross-border interests including property holdings, employment arrangements, and immigration requirements. We serve companies around the world, ranging from major, multinational technology, service, and industrial companies to startups and small family businesses, advising on the full range of U.S. legal issues involved in cross-border business. Representative clients include private and public corporations, funds (investment & pension), owner-entrepreneurs, professionals and their business entities, individuals, trusts, and estates. I then further engaged him to provide tax planning advice for my alimony payments, my retirement funds, and my subsequent migration to the Netherlands. These tax issues will impact effective income tax planning, estate tax planning, wealth management, and offshore compliance. As discussed above, application of the expatriation tax regime on the relinquishment of your green card can have painful tax repercussions for those who do not plan to avoid it. The Portuguese tax system applies a flat 10% tax rate under the NHR regime, but this regime does not encompass capital gains (which are taxable at 28%). Kerzner Law We serve locations all over California, including the desert communities of Palm Springs, Palm Desert, Rancho Mirage, La Quinta, Cathedral City and Indio. Brent Lance Esq. | Cross-Border Tax Planning Lawyer Lance Cross-Border He has created cross border tax and legal solutions for businesses and individuals for over 25 years. Cross-Border Tax Attorneys - IRS Cross-Border Tax Compliance Lawyer December 08, 2021 at 04:53 PM 3 minute read Law Firm Management Gail J. Cohen Canada Correspondent U.K.-based Withers is launching a new U.S.-Canada cross-border tax practice based in. There are potentially several dozen important US tax implications of taking US citizenship, many of which remain unknown to new citizens until they are bitten by them. Our knowledgeable team of business, real estate, tax and probate law attorneys is well-equipped to handle all aspects of cross-border representation, ranging from general business and real estate . , Indian Wells, Indio, La Quinta, Palm Desert, Palm Springs, and Rancho Mirage; Los Angeles County including Los Angeles; Orange County including Irvine; San Diego County including San Diego; and the Canadian cities of Calgary, Edmonton, Richmond, Vancouver, and Victoria. Read More, Partner, Ontario & New York Attorney I found him to be an excellent professional and thoughtful in his tax advice. California Domicile Change: On What Day Does it Occur? Our professionals regularly provide client comprehensive domestic and international corporate tax planning to avoid traps and to take advantage of opportunities to minimize taxes. I have met mark through a friend of mine who was in a similar situation as me. As both an accounting firm and a law firm with the ability to practice in Canada and the US, Feigenbaum Consulting offers comprehensive tax planning strategies, financial consulting, and legal representation in both jurisdictions, all conveniently housed under one roof. No Article, Blog Post or Page may be reproduced or used without express written consent of Golding & Golding. Practice Areas: Canada/U.S. Canada/U.S. This provides planning and gifting opportunities for NCNRs to avoid U.S. estate tax if the NCNR owns such U.S. situs-property. Washington DC 20006, United States U.S.-Canada Cross-Border Tax | Toronto Accountant & Tax Lawyer Individuals who exceed 183 days of US presence in any tax year may become an income tax resident under US internal law for that tax year, in addition to being a tax resident of their home country. For our Canadian, United Kingdom and Mexican tax clients (as well as residents of other countries who share an income tax treaty with the US), dual residence tie-breaker rules in such tax treaties will determine, as between your home country and the U.S, which country has the right to tax your worldwide income. A Lifetime of Experience With Cases Like Yours! I have read the privacy policy and disclaimer. purposes only and may not reflect the most current legal developments. We can assist you with support, outlining which forms you need to file for a particular cross-border transaction. Advisor to Agents, Coaches & Business Managers, Business Owners, Professional Practices & Entrepreneurs, Personal and corporate tax strategies and tax return compliance, Personal cross-border real estate purchases, Tax controversies with government tax authorities in both the US and Canada, Assistance to Accountants, Lawyers & Financial Planners. We also find that the best time to engage in departure tax planning is when preparing a pre-residence tax plan. I am a tax lawyer helping businesses and people solve cross-border tax problems. Email: ytimokhova@altrolaw.com Golding & Golding specializes in FBAR and FATCA. Having to file a California nonresident tax return can also lead to a host of disclosures to the FTB that could themselves lead to a California residence audit of the nonresident spouse, if the nonresident spouse spends significant time in California. Cross-border alimony and migration I have met mark through a friend of mine who was in a similar situation as me. Learn More. Our attorneys handle arbitrations and mediations before all domestic and international bodies and represent clients before numerous administrative agencies, both state and federal. READ MORE Kirsten Wharton J.D. An effective Cross-Border Tax Attorney will assess each countrys tax laws (cross-border), international treaties, comity, tax conventions and other related matters in order to effectively facilitate a cost-effective tax solution for clients. A long-term resident is any non-US citizen who held a green card at any time in eight or more of the last 15 tax years before relinquishing their green card. Alan Kenigsberg | Cross Border Tax Lawyer in Toronto Home Team Alan Kenigsberg Partner, Tax Key Contact: International Trade and Investment Contact Information akenigsberg@osler.com tel: 416.862.6659 Office Toronto Download vCard Download Profile Biography Bar Admission Ontario, 2001 Education Osgoode Hall Law School, LL.B. Master 2 Professionnel Business & Tax law. This is achieved through the realization of appropriate tax planning and the mitigation of tax risks, all within the boundaries of the various tax laws. The FTB tracks and taxes to nonresident individual owners of flow-thru entities the business profits of those entities that are allocated or apportioned to or sourced in California. Brent Lance, LL.M. Unlike other areas of Tax, when it comes to International Tax, Cross-Border, and Offshore/Overseas Tax Compliance your attorney should be a, We are the go-to firm for other Attorneys, CPAs, Enrolled Agents, Accountants, and Financial Professionals across the globe. What Should You Do to Protect Yourself and Your Nonresident Spouse? Our focus is on California, Federal and international cross-border tax issues that affect individuals and businesses having cross-border interests. In cross-border transactions, taxes paid in one country can, within certain very strict parameters, be utilized in the other country as a tax credit. I highly recommend his services his knowledge and professionalism are excellent. As a result of your migration, significant tax exposures can arise for you in both countries. The goal is always to maximize tax benefits and minimize compliance risk, in both countries. International-U.S. Cross-Border: Hodgson Russ LLP South of the border, the firm's offices are situated in the sunbelt states of Florida, Arizona and California - popular markets for Canadians purchasing property in the United States. Print. Alan Kenigsberg | Cross Border Tax Lawyer in Toronto These tax issues will impact effective income tax planning, estate tax planning, wealth management, and offshore compliance. Each case is led by a Board-Certified Tax Law Specialistwith 20 years of experience, and the entire matter (tax and legal) is handled by our team, in-house. As a global Site Selector working with major corporations and senior executives looking for the ideal location to establish operations, understanding the complexities of global tax rules and regulations is key to our client's success. A tax credit is a dollar-for-dollar reduction of the income tax that you owe. Individuals - Cross Border Tax Law Members tell each other that Marks videos are a must-watch in our Library of professional webinar recordings. McInnes Cooper's Cross-Border Team is comprised of more than 20 lawyers working from McInnes Cooper's six offices located through out Eastern Canada. I have been send from left to right and no one could help me until I found Mark. Michael Cirone | Canada & U.S. Cross-border Lawyer - TaxChambers Offices - Altro LLP Read More, Partner, Ontario & New York Attorney Our attorneys have worked with, *Please beware of copycat tax and law firms.

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