Canada-U.S. Estate and Gift Tax Planning: Utilizing Canada-U.S. Income Tax Treaty Provisions to Mitigate Tax
A live 110-minute CPE webinar with interactive Q&A
This webinar will explain the transfer taxes paid in Canada and the U.S. by residents of the U.S. and/or Canada. Our panel of foreign tax experts will discuss specific articles in the Canada-U.S. Income Tax Treaty and provide examples of how these can be applied to mitigate estate and gift taxes paid in both countries.
Outline
- Canada-U.S. Estate and Gift Tax: introduction
- Canada-U.S. Income Tax Treaty
- Residency
- Unified credit
- Marital credit
- Foreign tax credit
- State estate tax
- Strategies to mitigate transfer taxes
Benefits
The panel will cover these and other critical issues:
- When and how U.S. gift taxes are applied to Canadian residents
- Using the marital credit to reduce estate taxes
- Specific strategies to reduce overall transfer taxes paid to the U.S. and Canada
- How Canadian residents can utilize the U.S. unified credit
Faculty

Patrick J. McCormick, J.D., LL.M.
Founder/Managing Partner
McCormick Tax
Mr. McCormick specializes in the areas of international taxation, tax compliance, and offshore reporting... | Read More
Mr. McCormick specializes in the areas of international taxation, tax compliance, and offshore reporting obligations. He published national articles and given numerous national and local presentations on assorted areas of tax and estate planning law, including international tax and offshore compliance issues. His latest article on PFICs is titled Tax Reporting Implications of Foreign Mutual Funds. He is licensed to practice in the States of New Jersey, Florida, and Georgia, and the Commonwealth of Pennsylvania.
Closeto be announced.
Early Discount (through 03/24/23)
CPE credit processing is available for an additional fee of $39.
CPE processing must be ordered prior to the event.
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NASBA details.
Cannot Attend April 18?
Early Discount (through 03/24/23)
CPE credit is not available on downloads.
CPE On-Demand