James Yager and Calvin Eib help Canadian "snowbirds".

This page focuses on special tax rules for Canadian visitors who split time between Canada and the U.S.

CONTENTS-SNOWBIRDS

• Introduction
• Residency Rules
• Exceptions to the Substantial Presence Test
• Renting Your Property
• Selling Your Property
• Filing Requirements
• Estate Taxes
• Minimizing Estate Taxes
• Split Interest
• Non-recourse Debt Financing
• Protocol to U.S.-Canadian Tax Treaty
  • The Canada-U.S. Double Whammy
  • Relief from Double Tax Exposure
  • Enhanced Unified Credit
  • Special Marital Credit for Canadians
• Special Rules for Small Estates
• Canadian Credits for U.S. Taxes
• Review U.S. Estate Tax Plans
• Deadline for Refund Claims-November 9, 1996
• U.S. Unified Transfer Tax Rate Schedule

James M. Yager, CA, CPA, KPMG Peat Marwick Thorne,
Director of International Executive Tax Services
Suite 3300, Commerce Court West
PO Box 31
Toronto, Ontario M5L 1B2
Canada
Voice: 416.777.8214
Fax: 416.777.8818
Email: yagerj@kpmg.ca

And......