US-based LLC performing services in Canada ask
www.600am.com Subject: US-based LLC performing services in Canada Expert: taxman at centa.com Date: Tuesday April 26, 2005 Time: 04:51 AM -0700 QUESTION: Hi. I am a Canadian citizen with Permanent-resident status in the US, married to a natural US citizen. I will qualify for US citizenship Sept/2005. I have a Limited Liability Corporation registered in the state of Ohio. I would like to know what my tax liability would be if I were to engage in a long-term assignment in Canada (approx 14 months) while still a Canadian citizen/US Permanent Resident working through a US-based corporation. To which country am I primarily responsible for taxes? Would this situation jeopardize my US Permanent Resident status if my intent is to maintain my current US residency? Regards, A ================================== david ingram replies Your primary tax liability would be to Canada and because you would be here for 14 months, your US Corporation would also be taxable to Canada first because the mind and control would be in Canada. but I am too busy to answer anything from now to about May 4th and with 20 to 30 a day coming, it is impossible to save and get back to them. However, Answers to this and other similar questions can be obtained free on Air every Sunday morning. Every Sunday at 9:00 AM on 600AM in Vancouver, I, david ingram am a permanent guest on Fred Snyder of Dundee Wealth Managers' LIVE talk show called "ITS YOUR MONEY" Those outside of the Lower Mainland will be able to listen on the internet at www.600AM.com <http://www.600am.com/> Call (604) 280-0600 to have your question answered. BC listeners can also call 1-866-778-0600. Callers to the show and questioners on this board can also attend the Thursday Night seminars on finance and making your Canadian Mortgage Interest deductible. David Ingram's US/Canada Services US / Canada / Mexico tax, Immigration and working Visa Specialists US / Canada Real Estate Specialists 4466 Prospect Road North Vancouver, BC, CANADA, V7N 3L7 Res (604) 980-3578 Cell (604) 657-8451 (604) 980-0321 New email to davidingram at shaw.ca <mailto:davidingram at shaw.ca> www.centa.com <http://www.centa.com/> www.david-ingram.com <http://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 <http://www.centa.com> . If you forward this message, this disclaimer must be included." Be ALERT, the world needs more "lerts"
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