US and Cross-Border Tax

State tax surprises could await unwary online vendors

Jeffrey Brown • February 07, 2022 In 2021, the Multistate Tax Commission (MTC) updated its Statement of Information Concerning Practices of the Multistate Tax Commission and Supporting States Under P.L. 86-272 with guidance addressing online activities. For more than 50 years, P.L. 86-272 has limited a state’s ability to impose income tax on an out-of-state vendor that does nothi ... Read more

Biden’s new tax proposal aims to regulate all paid US tax return preparers

Jeffrey Brown • June 21, 2021 Fuller Landau welcomes President Biden’s tax proposal to vest Internal Revenue Service (IRS) with authority to regulate all paid preparers of US tax returns and establish mandatory minimum competency standards. IRS’ current authority extends only to licensed attorneys, certified public accountants (CPA), enrolled agents (EA) and actuaries. Atto ... Read more

Treaty-shmeaty, not quite!

Jeffrey Brown • December 20, 2018 Many Canadian companies, and their tax advisors, operate under the mistaken belief that the US Canada Tax Treaty protects them from ALL cross-border taxation in the US. This couldn’t be farther from the truth. The Treaty protects a Canadian company from US federal income taxation on its US trade or business income so long as ... Read more

Tax trap for US green card holders “resident” in Canada with US investment income

Jeffrey Brown • November 19, 2018 The United States considers US Green Card holders to be US residents for tax purposes. Green card holders file tax returns and pay US tax on their worldwide income as do US citizens, even if they live in Canada. Canada generally considers those who permanently reside in Canada to be Canadian residents for Canadian tax ... Read more

Tax me if you can: Remaining in compliance with Canadian cross-border tax

Jeffrey Brown • November 09, 2018 In the shadow of the recent Wayfair decision, more and more Canadian remote sellers now have to deal with state and local sales tax collection responsibilities. All too many are still thinking they can play the catch me if you can game, erroneously citing the US Canada Tax Treaty or assuming the states can’t or ... Read more