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October 2016 |
Changes in the treatment of U.S. LLPs and LLLPs |
Darlene Shaw, CPA, CA, CPA (Illinois) is a U.S. Tax Practice Leader at Collins Barrow Nova Scotia Inc. |
The Canada Revenue Agency’s (CRA) recent change to its position on the classification of two popular entities for U.S. real estate investing has thrown a wrench into tax structure planning for Canadian investors. |
| | This U.S. Tax Alert is available in PDF format. Download your copy here. |
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Collins Barrow periodically publishes U.S. Tax Alert for its clients and associates. It is designed to highlight and summarize the continually changing tax and business scene across Canada with respect to U.S. issues. While U.S. Tax Alert suggests general planning ideas, we recommend professional advice always be sought before taking specific planning steps. |
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