Canada to Arizona Real Estate Info
Tax Questions
There is a simple question I hear a lot from Canadian buyers. What taxes do I have to pay? The answers aren't as simple, because that question really should be divided into a few questions. There are different taxes levied here than in Canada. You may have to pay a sales tax where we don't. So click on the questions below to get the answers to the questions that are important to you. Don't forget that nothing should replace the professional advice you can get from your accountant or tax specialist. These answers should be used as general information. Any purchase should be based on a thorough investigation including the appropriate professional advice.
How much are property taxes?
Am I subject to any capital gains taxes when I sell?
I have heard about withholding taxes. What are they and do I have to pay
them?
Do I need a U.S. social security number (tax ID #), and will I have to file a U.S. tax return?
Will I be subject to double taxation in the US and Canada?
Will I have to pay income tax if I rent out my vacation home?
****DISCLAIMER****
The purpose of this web site is to provide general guidance and information only and DOES NOT constitute tax, legal or investment or other professional advice. It is recommended that for accounting, tax, investment, legal or other professional advise that you consult the appropriate qualified accountant, financial advisor, attorney or other profession advisor. Therefore, Adam Tarr PC and the author of this site can not accept any responsibility for loss which may arise from reliance on information contained in this web site.
Please note that each individual's personal circumstances vary, and your professional advisor (tax,financial, legal, etc) will be able to provide specific advice based on your personal circumstances.