Canada/ U.S. Tax

Assistance with business, tax and accounting issues.

This post is also available in: Français (French)

Globalization and international expansion are continuously creating new business opportunities on both sides of the US-Canada border. However, expansion across the border raises many challenges brought about by dealing with two different tax and legal systems. Even the best businesses can falter during expansion due to the legal, tax and business pitfalls.

UHY Victor, through the UHY Canada/U.S. Tax Team (CUTT), can advise your business on how to maximize its potential and success as it ventures across the world’s longest border. UHY Victor can assist your business to:

  • Buy or sell a business on either side of the border  
  • Develop local business & banking contacts
  • Select the ideal operating structure (branch, corporation, LLC, ULC, etc.)
  • Select the best location from which to operate
  • Structure the right mix of debt and equity financing
  • Comply with Federal, State & Provincial tax laws
  • Maintain books and records in accordance with local laws and regulations
  • Benefit from available corporate tax incentives and government assistance
  • Establish an effective Canada US transfer pricing policy
  • Plan to minimize taxes
  • Ultimately repatriate the profits back to the parent company
  • Regulation 105 issues

Click here for details about the UHY Canada/U.S. Tax Team (CUTT)

Click here for an updated description of Canada US Transfer Price issues

Click here for information regarding withholding taxes for Americans providing services in Canada



UHY Victor Response to the Spread of COVID-19

UHY Victor is taking action to maintain the health and welfare of our team, our clients and support communal efforts to respond to the coronavirus pandemic.

UHY Victor will remain open during this difficult period and client services will continue. We have implemented contingency plans which allow us to continue to operate as we all deal with the spreading pandemic.

In light of the present situation we have introduced the following measures:

  • Our staff and procedures have been structured so that our team can work remotely.
  • Our IT infrastructure and data are protected by cutting edge security systems.
  • To the extent possible, client meetings will be held through web meetings and other remote solutions.
  • Employees who experience the primary symptoms such as fever, cough and respiratory difficulties will work remotely until cleared.
  • Internally, we emphasize the importance of “social distancing”, and have enhanced our internal cleaning and disinfecting protocols.

UHY Victor will continue to monitor the changing situation and, will respond proactively as this major health challenge evolves.

We encourage all to stay informed and to visit the Public Health Agency of Canada COVID-19 site, and follow the guidelines set out by the government of Canada:

  • Now and always during cold and flu season, stay home if you are sick. Encourage those you know are sick to stay home until they no longer have symptoms.
  • Since respiratory viruses, such as the one that causes COVID-19, are spread through contact, change how you greet one another. Instead of a handshake, a kiss or a hug, a friendly wave or elbow bump is less likely to expose you to respiratory viruses.
  • Practice frequent hand hygiene and coughing and sneezing etiquette. Clean and disinfect frequently touched objects and surfaces, such as toys and door handles.

For more information on the guidelines of the Government of Canada on how to be prepared for COVID-19: Click here.

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