Canada: Income Tax Considerations When Moving To The United States

From time to time, many Canadians find themselves considering a permanent move to the United States. Whether it is a business executive seizing an extraordinary career opportunity or a retired entrepreneur simply in search of warmer climates, it is important to understand the tax implications that may result.
Residence
The determination of an individual’s residence is a critical step for both Canadian and U.S. tax purposes with many factors to consider. The term “residence” is not […]

By |September 19th, 2014|

Malta: Changes To The Remittance Basis Of Taxation

A person who is either ordinarily resident or domiciled in Malta is taxable on income and capital gains arising in Malta and on foreign sourced income which is received in Malta. On the other hand, persons who are both ordinarily resident and domiciled in Malta are taxable on all their income accruing, wherever it is arising, that is, they are taxed on a world-wide basis.

For more information please open Malta changes to the […]

By |September 10th, 2014|

Setting up and operating in Vietnam – Taxes

Both domestic and foreign invested enterprises are subject to several taxes, including corporate income tax, import and export taxes, and value added tax, and their employees are subject to personal income tax. Depending on the nature of its business, an enterprise may be subject to other taxes such as natural resource tax, special consumption tax, and foreign contractor tax. Some significant tax reform was introduced as a result of four laws: the Law on […]

By |September 9th, 2014|