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Would a Canadian save money on taxes if a part owner is a US

 
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Clani



Joined: 28 Feb 2021
Posts: 143

PostPosted: Mon May 16, 2022 6:26 pm    Post subject: Would a Canadian save money on taxes if a part owner is a US Reply with quote

I opened an account with a brokerage to trade U.S. equities as well as worked with multiple U.S. companies as a remote contractor. Before I did anything, I contacted the CRA directly to get a clear-cut view on all this:

If you reside in Canada, you pay taxes in Canada. You should fill out the one-page W8-BEN form and hand it to your U.S. employer so they don’t withhold any taxes and inform the IRS that you’ll be paying taxes in Canada.
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DanielBrin



Joined: 15 Dec 2020
Posts: 143

PostPosted: Mon May 16, 2022 10:25 pm    Post subject: Reply with quote

I faced such a problem that I do not have enough for life. And I think it's a common problem these days. I decided to find out how you can save on taxes and came across Tax Relief Services, with the help of which I understood how it works. And now it has become much easier for me, because less money is spent on taxes, and more on me.
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