Americans from Alaska moving to - IMPORTING CAR -
David, My husband, myself and our xx year old son just received our Visa Permits. We have until Aug 2008 to land in Canada. We live in Alaska. Our tax situation is as follows: My husband is xx and I am xx We have significant IRA and Roth IRA accounts for both of us We have a house in Alaska we plan to sell, but may not sell before Aug 2008 We have recreational land we don't plan to sell, which we may put a small cabin on after we sell the house. We know we have to land at the border no later than August, but wanted to delay actually residing in Canada until 2009 1. Can we land in Canada, give them a list of goods to follow in 2009, but not move until 2009? 2. We plan to travel through Canada in Feb on our way to Oregon to spend a month vacation - is there anything we need to be alert to? 3. Do we have to file Canadian taxes if we are not physically there more than say 30 days in 2007? 4. What do you charge per hour to do some indepth planning for us? Thanks, ----------------------------------------------------------------
david ingram replies:
1. Yes. to maintain your PR status you must be physically present in Canada for 24 out of any 60 month period.If you landed in February on your way through, you would theoretically have until Feb 2011 to actually move.However, if you left it to the last moment, you would have to stay in Canada for the next 24 months without leaving.
2. If you were to land on your way through, it would be interesting and likley the logical time to do it. Too bad the Topof the World Highway is closed between Chicken and Dawson City. It would be a cool challenge to 'land' at the Chicken Poker Creek.Alaska / Little Gold Creek Yukon crossing which has a wonderful new Combined US / Canada facility which replaced the old quaint crossing buildings.http://explorenorth.com/library/communities/images/poker2.jpg
3. The answer is that you will not file if you are not living here or at least physically present in a residence.4. I charge $400 an hour.5. Something to be aware of. If you have $100,000 worth of furniture and a $2,000 car and show up at the border, the car can NOT enter without a US export stamp on the Original Official State Title. If you do not have the stamp, Canada Customs will send you back. Usually, you have to have sent the US Customs office you are leaving through a copy of the title and fill out a one page export sheet. The export sheet has differences for every crossing. In your case, if you are driving, it would be the official ALCAN CROSSING at http://www.cbp.gov/xp/cgov/toolbox/contacts/ports/ak/3104.xml
Call the POE at ALCAN at (907) 774-2252 to get their regulations at the time you intend to export the car.
They will send you their export form by fax or mail (by then it might even be a pdf by email) and make sure you fax back a copy of the car title(s) to 907-774-2020.
within their time limits. Also be aware that some of the crossings will only deal with you certain hours of the day. For instance, if you were moving fropm Seattle to Vancouver, the Blaine Crossing is only open for this between about 8:30 AM to 3:30 PM Monday to Friday and is absolutrely closed Saturday, Sunday and all Holidays.
Others, like Pembina North Dakota will export 24 hours a day and I expect that the ALCAN POE (Port of Entry - Port of EXIT) will be a 24 hour opne as well.
I just got through to the ALCAN crossing - Officer Carlson assured me that they do not have an input form or letter. They require a faxed copy of the title and registration 72 hours before you show up. Then you have to have the originals for them to seal/stamp for the Canada Customs office. some vehicles do NOT qualify for imoportation and licencing in Canada (or California for that matter) becasue of Motor Vehicle Safety standards and Emmission rules. Even a Chrysler magic Wagon built in Canada may not qualify if it was built for the US or export market. Go to http://www.tc.gc.ca/roadsafety/importation/VAFUS/list/menu.htm
For an uptodate list of motorhomes, motorcycles, and autos that can be imported in to Canada on a permanent basis. (I have also reproduced it below.)
There is, of course, no problem if you are just on your way through Canada or not bringing your goods at that time.
Hope this helps. The following will explain why I this took so long. I stuck it aside intending to answer and then it just got lost in over 2,000 emails i had saved to maybe answer. I have actually cleaned out over 1,000 in the last three days in this little lull before tax season starts in ernest.
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On December 25, 2007, David
Ingram wrote:
It is very unlikely that blind or unexpected email to me will be answered. I receive anywhere from 100 to 700 unsolicited emails a day and usually answer anywhere from 2 to 20 if they are not from existing clients. Existing clients are advised to put their 'name and PAYING CUSTOMER' in the subject line and get answered first. I also refuse to be a slave to email and do not look at it every day and have never ever looked at it when I am out of town. e bankruptcy expert US Canada Canadian American Mexican Income Tax service and help
However, I regularly search for the words"PAYING
CUSTOMER" and always answer them first if they did not get spammed out. For the
last two weeks, I have just found out that my own email notes to myself have
been spammed out and as an example, as I write this on Dec 25, 2007 since June
16th, my 'spammed out' box has 47,941 unread messages, my deleted box has 16645
I have actually looked at and deleted and I have actually answered 1234 email
questions for clients and strangers without sending a bill. I have also
put aside 847 messages that I am maybe going to try and answer because they look
interesting. -e bankruptcy expert US
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Calls welcomed from 10 AM to 9 PM 7 days a week Vancouver (LA) time - (please do not fax or phone outside of those hours as this is a home office) expert US Canada Canadian American Mexican Income Tax service help.
$1,700 would be for two people with income from two countries
Catch - up returns for the US where we use the Canadian return as a guide for seven years at a time will be $150 to $500.00 per year depending upon numbers of bank accounts, RRSP's, existence of rental houses, self employment, etc.
Just a guideline not etched in stone.
David Ingram expert income tax service and immigration help and preparation of US Canada Mexico non-resident and cross border returns with rental dividend wages self-employed and royalty foreign tax credits family estate trust trusts income tax convention treaty advice on bankruptcy
It is very unlikely that blind or unexpected email to me will be answered. I receive anywhere from 100 to 700 unsolicited emails a day and usually answer anywhere from 2 to 20 if they are not from existing clients. Existing clients are advised to put their 'name and PAYING CUSTOMER' in the subject line and get answered first. I also refuse to be a slave to email and do not look at it every day and have never ever looked at it when I am out of town. e bankruptcy expert US Canada Canadian American Mexican Income Tax service and help
Therefore, if an email is not answered in 24 to 36 hours,
it is likely lost in space. You can try and
resend it but if important AND YOU TRULY WANT OR NEED AN ANSWER from 'me', you
will have to phone to make an appointment. Gillian Bryan generally accepts
appointment requests for me between 10:30 AM and 4:00 PM Monday to Friday
VANCOUVER (Seattle, Portland, Los Angeles) time at (604) 980-0321. david ingram expert US Canada Canadian American
Mexican Income Tax service and
help.
david ingram's US / Canada Services
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My Home office is at:
david ingram's US / Canada Services
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US / Canada Real Estate Specialists
My Home office is at:
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Cell (604) 657-8451 -
(604) 980-0321 Fax (604) 980-0325
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Cell (604) 657-8451 -
(604) 980-0321 Fax (604) 980-0325
Calls welcomed from 10 AM to 9 PM 7 days a week Vancouver (LA) time - (please do not fax or phone outside of those hours as this is a home office) expert US Canada Canadian American Mexican Income Tax service help.
Disclaimer: This question has been answered without
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author and any and all non-contractual duties are expressly denied. All
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This is not intended to be definitive but in general I am
quoting $900 to $2,900 for a dual country tax return.
$900 would be one T4 slip one W2 slip one or two interest
slips and you lived in one country only (but were filing both countries) - no
self employment or rentals or capital gains - you did not move into or out of
the country in this year.
$1,100 would be the same with one rental
$1,300 would be the same with one business no
rental
$1,300 would be the minimum with a move in or out of the
country. These are complicated because of the back and forth foreign tax
credits. - The IRS says a foreign tax credit takes 1 hour and 53
minutes.
$1,600 would be the minimum with a rental or two in the
country you do not live in or a rental and a business and foreign tax
credits no move in or out
$1,700 would be for two people with income from two countries
$2,900 would be all of the above and you moved in and out of
the country.
This is just a guideline for US / Canadian
returns
We will still prepare Canadian only (lives in Canada, no
US connection period) with two or three slips and no capital gains, etc.
for $200.00 up.
With a Rental for $400, two or three rentals for $550 to $700
(i.e. $150 per rental) First year Rental - plus $250.
A Business for $400 - Rental and business likely $550 to
$700
And an American only (lives in the US with no Canadian income
or filing period) with about the same things in the same range with a little bit
more if there is a state return.
Moving in or out of the country or part year earnings in the
US will ALWAYS be $900 and up.
TDF 90-22.1 forms are $50 for the first and $25.00
each after that when part of a tax return.
8891 forms are generally $50.00 to $100.00 each.
18 RRSPs would be $900.00 - (maybe amalgamate a
couple)
Capital gains *sales) are likely $50.00 for the first
and $20.00 each after that.
Catch - up returns for the US where we use the Canadian return as a guide for seven years at a time will be $150 to $500.00 per year depending upon numbers of bank accounts, RRSP's, existence of rental houses, self employment, etc.
Just a guideline not etched in stone.
This from "ask an income trusts tax service and immigration
expert" from www.centa.com or www.jurock.com or www.featureweb.com. David Ingram deals on a daily
basis with expatriate tax returns with multi jurisdictional cross and
trans border expatriate problems for the United States, Canada, Mexico,
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