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Just some headsup
我的理解,你买出租物业而且以个人名义持有。那么你有两种选择。
1 [( ^' J) C2 L# |1 [% `* H& L首先你需要申请美国的报税号(ITIN),并且给房管公司W-8BEN表告知你是加拿大人需要withhold NRA tax。
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Option 1:6 Q+ h9 n9 ~( O4 Q% E
Treat the rental income as not effectively connected income.+ V+ e. H* S2 k) [% |$ l; \
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The Property management company or tenant will withhold 30% of your gross rental income on behalf of the Internal Revenue Agency. Non rental expense is allowed and non requirement to file US return. When you have sold your property, 10% of Gross Proceeds of Disposition will be withheld according to FIRPTA rules. You can file US NR return to claim the US tax overwithheld. Any tax paid to the US will be claimed as Foreign Tax Credit on your capital gain from the US on your Canadian return. This option is covered by US-Canada Treaty, so the state tax will not kick in.1 ^5 N% \4 L9 J& B/ M/ S- N6 a
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Option 2:$ n1 ]) R) T7 M0 ]( i) [- Y3 o
You can elect to treat the rental income as effectively connected income and file US NR return to pay tax on your net rental income. the rate is around 30%plus related state tax rate. Also, when you have sold your property, the net capital gain will be subject to 30% rate at US federal plus related state tax rate. You must file US NR return and state tax return.* G. U" X0 y9 T; B2 u
+ C0 O& p* c+ N- ~Also, owning US property will expose you to US estate tax and gift tax system. Need careful planning before any movement. The IRS is carrying big guns for tax monies. They are much worse than CRA.$ U2 v9 c8 J9 H2 r4 U1 G
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If you are interested, please read the following link for more knowledge. It's pretty risky to enter the US real estate market without careful tax planning. If you need more info, contact an experienced cross-border tax specialist for advice. You need to spend a little bit for the planning, but this can help you from losing more. Good luck!
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http://www.canadianlawsite.ca/vacationing-us.htm. v$ A* h8 y- C" h; _* t6 H$ V
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http://www.irs.gov/publications/p515/index.html |
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