Cross-border Corporate
Tax and Accounting
Do you have a Canadian company and do business with the US or do you have a company in the US and do business with companies in Canada? Our expert cross border tax accountants will help you find the way to pay less tax and grow your business.
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Cross-Border Tax and Accounting Solutions
Cross-border corporate tax and accounting involves managing international regulations, transfer pricing, and tax treaties to optimize compliance and minimize risks. It ensures efficient global operations and tax strategies.
Your Trusted Partner in Expert Tax Strategies
We have the expertise to advise companies on inbound and outbound tax matters, including overseas investments, international operations, cross-border transactions, global tax rates, and business restructuring.
Why Are We Located in Canada’s Financial Hub?
We are strategically positioned in the Toronto region, which generates 50% of Ontario’s GDP. Our international tax accountants help you navigate cross-border tax issues, ensuring compliance and optimizing your tax strategies.
Why Hire a Cross-border Tax Accountants?
Nowadays, more so than before, cross-border taxation has become an important issue for every business and entrepreneur with a cross-border presence. This is especially the case for Canadian businesses who have expanded (or looking to expand) to the US given its market potential and proximity to Canada.
Expertise in Multiple Tax Systems
When expanding into the US, a Canadian business needs more than just US tax advice. A cross-border tax accountant understands both Canadian outbound and US inbound tax implications, ensuring your expansion is structured to avoid unexpected tax consequences.
Mitigate Risk
Non-compliance with cross-border tax and reporting requirements can result in hefty penalties in both Canada and the US. A specialist ensures all necessary forms are filed on time, protecting your business from costly fines.
Improve Profitability and Cash Flow
A tailored cross-border tax strategy can optimize your business’s structure to enhance profitability, improve cash flow, and manage global tax costs effectively.
What We Offer
Cross-Border Tax Accounting Challenges
Withholding Tax on International Payments
Currency Conversion and Financial Reporting Standards
Consolidation of Multinational Financial Statements
Audit and Assurance for Cross-Border Entities
Proximity to Major Financial and Commercial Hubs
Tailored Solutions for Local and International Clients
Industries We Support
Tech startups with international clients
Multinational Corporations
Professional service firms operating across borders
Hear From Our Clients
Your Trusted Partner for Cross-Border Tax Excellence
Do not play guessing games with your assets and investments. Seek the help of customer-centric international tax accountants who put your financial needs first (duties and fees).
Professional Guidance for cross border accounting
Help Avoid cross border tax common Mistakes
Reliable and Trustworthy Accounting
Extensive experience in Ontario’s Corporate Tax Landscape
End-to-end support for Accounting and Taxation
Your Leadership Team
At M7 Group, we’re more than accountants – we’re your financial partners
Marcos Lopes, PCP
Matthew Lopes
Adnan Khan, CPA, FCCA
Carla Cristiane
Kevin Lopes
Martin Zilz
Ravi Gautam
Alan Inacio
Marco Aurélio
Wendel Almeida
Bhawesh Bisht
John Watson
Daniel Gonçalves
Marcel Albuquerque
Rodrigo Genz
Denilson Umbelino
Your Leadership Team
At M7 Group, we’re more than accountants – we’re your financial partners
Need Help with Cross-Border Taxes? Start Here
Who can benefit
We help individuals and businesses navigate the Canada-U.S. financial landscape with expert cross-border tax, estate planning, and investment management. Whether you’re an expatriate, multinational, or cross-border investor, our team specializes in strategies to improve tax efficiency, reduce risks, and seize opportunities in both countries.
How does Canadian Departure Tax works?
What is the process for moving to the USA with Canadian Investments?
Is it necessary to pay Canada Estate Inheritance Death Tax?
Canada does not have an estate inheritance death tax. The estate is considered a sale by the CRA which means that it’s the estate that owes taxes to the government and not the beneficiaries of the estate. In simpler words, the beneficiary of the estate will have inherited assets at fair market value.
The final tax return includes deemed disposition of all the assets with some exceptions the deceased owned including income till the date of the death.
Do we need to file CA taxes while living in USA?
Yes, you have to file all Canadian taxes that comes under their rules and regulation.
As a citizen of the USA, while working and living in Canada, you may need to file some taxes applicable in Canada.
This is a case-by-case basis and each scenario will be different.
What are the tax implications of moving to Canada from US
Since there are a lot of details here, the answer depends upon the case-by-case financial data you have. However, here are some things to note if you’re moving from US to Canada:
1 – Report and gather of your data regarding capital gains and dividends.
2 – Make sure all of your financial data goes through a legal process and you’re transparent.
3 – Immediately get help from a professional CPA who deals in cross-border taxation. Our team is happy to help.
Do permanent residents of Canada have to pay US taxes?
Yes! US citizens have to file taxes in both the US and Canada. Even if you have paid taxes in Canada, you still have file taxes in U.S. on worldwide income.
Do I have to pay taxes in both U.S. and Canada?
Yes, you have to pay taxes in both the U.S. and Canada. Moreover, in some instances, you have to pay extra taxes than a normal citizen does, but you can also benefit from tax treaties.
These can be very tricky since this affects your real-life income and professional future. Speak to our Cross-Border Tax CPA Experts to get the help you need for your individual case
What is double taxation example?
Double taxation is referred to twice the taxes you pay on the same asset or income. For example, residents living in two countries can be taxed twice on their income using the taxation rules of each country.
How can the US avoid double taxation in Canada?
You can avoid double taxation by using foreign tax credit. This makes sure that you have previously paid taxes in U.S., and now you don’t have to pay extra. Moreover, your credit cannot exceed the tax amount you paid in other country.
Do I have to pay tax for both the countries if I'm a dual citizen of Canada and the US??
Most often, you will need to pay some taxes in both countries, but it depends on your assets. Regardless, there are a few key things to look out for.
There are 3 Main Tax Issues Impacting Dual US-Canadian Citizens:
– The financial reporting obligations beyond filing taxes for dual US-Canadian Citizens
– The obligations on US border cross-citizen tax-free accounts
– IRS Amnesty Programs for non-compliant US Nationals
