This is a multi-part message in MIME format.
---------------------- multipart/alternative attachment
Hello,
I am contemplating living and working in the U.S. If I do;
1. will the funds in my RRSP remain tax sheltered and
2. can I buy and sell stocks in my RRSP acct while I am in the U.S ?
3. If so, is there someone you recommend I speak to should there be any forms etc to fill out.
John
======================================
david ingram replies:
1. The funds in your RRSP wil remain tax shelterd.
2. You may buy and sell securities in your account according to US Federal Securities Law.
Go to http://sec.broaddaylight.com/sec/FAQ_18_23.shtm for the Federal Security rules and regulations.
3. You are still subject to State Law and most of the states have ratified their laws to allow it as well. Only a couple of holdouts remain. You can obtain detailed information about the state youi intend to go to at IFIC's excellent public site at:
http://www.ific.ca/pdf/USCrossBorder_DechertStateSurvey_29August2002.pdf
If you have more questions and cannot get hold of me, George Hatton, CA ([email protected]) can help you. There is a chance we will be moving the physical address but the phone number will remain the same. In the meantime, we are at the following address:
David Ingram's US / Canada Income Tax Services
US / Canada / Mexico tax and working Visa Specialists
US / Canada Real Estate Specialists
108-100 Park Royal South
West Vancouver, BC, CANADA, V7T 1A2
(604) 980-0321 - Fax 913-9123 [email protected] [email protected]
www.centa.com www.david-ingram.com
Disclaimer: This question has been answered without detailed information or consultation and is to be regarded only as general comment. Nothing in this message is or should be construed as advice in any particular circumstances. No contract exists between the reader and the author and any and all non-contractual duties are expressly denied. All readers should obtain formal advice from a competent and appropriately qualified legal practitioner or tax specialist in connection with personal or business affairs such as at www.centa.com. If you forward this message, this disclaimer must be included."
Be ALERT, the world needs more "lerts"
---------------------- multipart/alternative attachment
An HTML attachment was scrubbed...
URL: http://www.centa.com/CEN-TAPEDE/centapede/attachments/92b44dc9/attachment.htm
---------------------- multipart/alternative attachment--
What's Related