Foreign Tax - US Canada
IRS Program #: X9QQU-T-00827-21-O/S
CE: 2
Speaker: Kerry Gray

There has been a significant increase in the number of Canadian residents retiring to or spending a significant amount of time in the United States.  In addition, many Americans have increased the amount of time they spend performing their employment duties within Canada.  This course is intended to provide participants with a basic understanding of Canadian tax issues for individuals with a focus on US tax compliance when dealing with this type of taxpayer.  Attention will be placed on the 1980 Canada-US Income Tax Convention with a focus on:

1. Residency determination (Article IV)
2. Taxation of:
   1. Capital gains (Article XIII)
   2. Employment income (Article XV)
   3. Cross border pension (including the US treatment of various Canadian retirement type arrangements) and social security payments (Article XVIII)

This session will also include the difference in the US and Canadian tax treatment of directorships.

This session should be of particular interest to US tax preparers when dealing with inbound Canadian taxpayers and US residents working in Canada.


Continuing Education
This course qualifies for IRS Continuing Education Hours. NAEA reports IRS CE on a monthly basis. If you have not received your CE Hours in your IRS PTIN Account by the end of the month after receiving the certificate, please contact NAEA at education@naea.org.

Webinar Refund Policy
To request a refund, contact the NAEA education team via email a teducation@naea.org. An NAEA education team member will review the request for refund. If the refund request has been approved, the refund will be refunded on the same method of purchase. Live Webinars, also offered On-Demand Webinars will not be refunded.