Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This comprehensive program is designed to provide you with a thorough understanding of the tax implications, compliance requirements, and reporting obligations faced by US citizens residing in Canada and conducting business activities.
Topics Include:
- Introduction to US Tax Compliance for American Expats and Business Owners in Canada
- Canadian Tax Consequences - Non-Residents, Part-Year Residents, and Residents
- Tiebreaker rule and Tax Treaties
- Foreign Property Reporting
- Business Investments Reporting
- Filing Deadlines, Penalties, Interest, and Administrative Matters
- Case Studies and Practical Examples
Schedule
- November 18, 2026, 1:00 p.m. - 5:00 p.m.
- November 19, 2026, 1:00 p.m. - 5:00 p.m.
Key Takeaways
By the end of this course, you will:
- Understand the tax implications and compliance requirements for US citizens living in Canada, including the determination of tax residency status and the impact on tax obligations in both countries.
- Gain knowledge of the US taxation system for citizens living abroad, including the income tax requirements specific to US citizens in Canada, such as foreign earned income exclusion and foreign tax credits.
- Learn about the reporting requirements for foreign property and investments, including key forms such as the FinCEN Form 114 (FBAR), T1135 reporting in Canada, reporting obligations for Passive Foreign Investment Companies (PFICs), and Form 8938 for specified foreign financial assets.
- Acquire knowledge of the reporting obligations and considerations for US citizens with business interests in Canada, including an overview of Form 5471 for foreign corporations and other relevant reporting requirements.
Who Will Benefit
This course will benefit the following:
- CPAs and tax professionals working in public accounting firms.
- Controllers, CFOs, Finance Managers, and Financial Reporting Directors within multinational organizations that have a presence in the US.
- Professionals seeking to enhance their knowledge and skills in advanced taxation and accounting for US taxes.
How to Access the Course
This course is delivered as a live webinar. To receive verifiable CPD hours, you must attend the session live. We recommend joining at least 5 minutes before the scheduled start time. For the best interactive experience, please use a computer equipped with a camera and microphone.
A reminder email with the Zoom link and course details will be sent two business days before the session. If you do not receive it, please check your spam or junk folder.
The same information, including any available materials, will also be posted in advance on our Blackboard LMS.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Babar Khan is an experienced cross-border tax professional with over 14 years of experience in US & Canadian tax compliance and advisory work. He specializes in taxation for Expatriates, Business Travelers, High Net Worth Individuals and Owner-Managed businesses. Babar also teaches at Canada’s Schulich School of Business and CPA Ontario. Babar holds an MSc (Tax) from University of Oxford (UK), an MBA from Schulich School of Business and a BBA from University of Toronto. He is also a dual US and Canadian CPA. Babar also serves on the board of a UK based EdTech company.