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International Tax Planning

I am a Toronto-based Chartered Accountant who practices as an independent tax consultant. I am well-known by people in my field because of my extensive writings (three leading books and loads of articles), and papers and other live presentations; as well as consulting services that I have provided to hundreds of accountants and lawyers. You can easily check me out!
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Get the most out of Taxes

By Ken Donaldson at 2013-11-02 00:27:07

The Canadian government levies taxes on Canadian citizens who are earning by making a business there or making a living by some source of income made out of an employment in the country. Every country charges these taxes on its citizens and the whole amount that is collected by the government in invested only in the welfare and development of their people in many aspects of life like construction of roads, expenditures on security and defense and much more. Read More.....

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Canadian Taxes

By Ken Donaldson at 2013-11-02 00:25:34

Tax payments are headaches and at the same time mandatory. Being a citizen of a country it is important to pay all the taxes levied by the government of the country which we often feel as an imposition but latently they’re used for our betterment in some way or the other by the government. Be it road construction, all the government services that we get, expenditures in defense of a country etc, finance for all these things comes from the taxes. Taxes for differ
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Useful Information About Canadian Non-Resident Taxation

By Ken Donaldson at 2013-08-24 13:30:46

If you work in Canada, you will likely have to pay Canadian income tax. Starting at 15% of your gross pay, this constitutes the largest deduction from your income. Those earning higher annual incomes (i.e. over $30,000) will be taxed at a higher rate.

Most participants of International Experience Canada are considered “non-residents” for Canadian income tax purposes. However, if you lived in Canada for more than six months
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Know About Real Estate Taxation in Canada

By Ken Donaldson at 2013-08-24 13:30:13

Real estate tax is based on property valuations which are normally carried out by a central agency for the entire province. All provinces in Canada have their own assessment boards. Real estate’s are assessed at their market value and these valuations are then given to the relevant municipalities who apply the appropriate tax rate to that property. Tax rates are normally determi
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Few Important Facets of Canada-Us Tax Treaties

By Ken Donaldson at 2013-08-24 13:29:39

Many countries have agreed with other countries in treaties to ease the effects of double taxation (Double Tax Avoidance Agreement). Tax treaties may cover income taxes, inheritance taxes; value added taxes, or other taxes.Besides bilateral treaties, also multilateral countries are in place.

Usually, the benefits of tax agreements are availa
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