Inbound businesses from outside of Canada targeting Canadian customers or using Canada as a springboard for entering the USA need to learn about registration for the Canadian Business Number and other government regulations before they cross tax thresholds.
Examples are the $30,000 limit on sales to Canada for GST tax and the $10,000 of payroll earnings in Canada before being considered part of the Canadian payroll tax system.
We can help you navigate the rules and decide when it is best to “stay out of Canada” for tax purposes but still do business with Canadians and when it is best to “jump in” to Canada and participate completely in the Canadian tax system. You might be surprised to find when it is better to be in and when it is better to be out.
Canadians making their first sales outside of Canada are often surprised by the complexity of rules in other countries. It is easy to forget that the rules we grew up with are equally as complex. What you need is a guide to the new rules and some tools to help you.
We can show you how tax treaties can help minimize your taxes and your tax risk. We can also show you how a well-designed business structure can minimize the overall tax burden.
We are a member of Integra International, a global association of local independent Accounting and Consulting firms. We have created a “Doing Business in Canada” guide to assist our Integra members and their clients to familiarize themselves with the necessary filing and tax requirements.
Canada is a large market that loves U.S. goods. The consumer base is over 33 million people. This equates to a market potential of 15% for your U.S. sales. Canada is also the least expensive country to export from the USA because of its close proximity. Nearly 80% of Canadians are located within 60 miles of the U.S.-Canada border.
We belong and are involved in several International Organizations. Our favourite practice area is International Tax. We provide service to companies expanding overseas from Canada and to those entering Canada from overseas.
We charge the majority of our fees on a menu basis. This means that although we use our hourly rates to determine the ballpark of fees for each service, we look at the actual benefit delivered and the effort and expertise applied to determine our fees.