"Dean Ronn" @home wrote in message
...


"Gordon Couger" wrote in message
news:3f091b24_3@newsfeed...

"Oz" wrote in message
...
Jim Webster writes

As someone who has lived through this at the sharp end, the Canadians
have
my sincere sympathy. Like most UK farmers we could offer advice but I
do
offer my best wishes

Seconded.

I see they are trying to get is squared up the end buy the end of July.

If we don't close our borders to Canada the rest of the world will close
theirs to us. Japan seriously considered stopping US beef as well becuse
practically there is little distinction between US and Canada in trading
cattle across the border. The guys up north don't like it much because
they
feel the Canadian cattle hurt their prices. But that has been a long
running
battle between the US and Canada all my life. The guys from Canada come
down
and cut wheat for 10% less than the guys in the US can because they
don't
have to pay taxes on the money made in the US and we have to pay taxes
on
money made in Canada.




We are the only country that taxes income made in
other countries.

Please, Gordon, study the U.S.A., Canada treaty a little closer that
that. It states:

"Income U.S.A. residents recieve for the performance of dependent
personal services in Canada(except as public entertainers) is exempt from
Canadian tax if it is not more than $10,000 in Canadian currency for the
year. If it is more than $10,000 for the year, it is exempt only if:

1) The residents are present in Canada for nor more than 183 days
during the calender year, and

2) The income is not borne by a Canadian resident employer or by a
permanent establishment or fixed base of an employer in Canada.

This treaty works both ways. You can replace the word Canada with
the U.S.A in the example above. In other words, when the custom harvesters
come up here,(there are a lot of them), it makes for the same situation.


Now that I've said that:

"When a Canadian resident is transferred to the U.S. for a short
term assignment, the starting point for saving taxes is determining
whether
it is possible to break Canadian residence. A Canadian resident is subject
to Canadian tax on global income regardless of the source of the income or
where it is paid. A non-resident of Canada would be subject to Canadian
tax
only on income from Canadin sources. Since the U.S. tax rates are
typically
much lower than Canadian rates, it is generally advantageous to be taxable
in the U.S. rather than in Canada." Check out the following link. It
illustrates the tax liability as a resident of Canada as compared to the
taxes payable as a resident of the U.S. at different income levels.

http://www.grasmick.com/lesstax.htm


Not as rosy as you thought is was, now is it??????


Your as bad as we are. It is making the Caribbean Islands a popular place to
set up businesses with very low income taxes and very closed mouthed about
their business. The US is driving major corporations off shore. Last time I
was in Canada I read an article it was a problem there as well.

I do know one fellow that never stays in any country 6 months. He can work
were every he can connect to the internet the company he works for is
incorporated under one of the convenient flags that aren't very communicate
about tax matters. I expect he will tire of it one day but at 28 and newly
married it is a nice honeymoon.

There are inequities on both sides of the border that are attractive to
people living on the border. I always buy a bunch of mercury camera
batteries when I am up there. They are outlawed down here. You meat in
Vancouver was a better buy than it was in Oklahoma the last time I was
there.

Your sales taxes smart a bit but we are going to catch up a lot over then
next couple of years.

Gordon

Gordon