Get free YouTube views, likes and subscribers
Get Free YouTube Subscribers, Views and Likes

Why do LLCs Result in Double Taxation for Canadians?

Follow
Allan Madan

Are you a Canadian who is planning to make a U.S. investment by utilizing a Limited Liability Company (LLC)? In this video, you will learn why using a LLC leads to double taxation and how it may not be the best option for you.

0:47 – 1. How is a Limited Liability Company Taxed?
2:15 – 2. Why are LLCs a Major Headache for Canadians?
3:12 – 3. Practical Example
5:04 – 4. What is the Best Alternative for Canadians?

Visit our website for more information and taxrelated advice:
http://madanca.com

Follow us on social media
Twitter:   / madan_ca  
Facebook:   / madancharteredaccountant  
Instagram:   / madanaccounting  
Google+: https://plus.google.com/1085518694535...

Download any of our free eBooks available on our website: http://madanca.com/freetaxsecrets/
(Including Tax Tips for Canadians, Personal Tax Planning Guide for Canadians: 2014 Edition and 20 Tax Secrets for Canadians)

Disclaimer:
The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. All figures and dollar amounts are used for example purposes only. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video.

Music:
Perspectives by Incompetech

Animation:
Created with GoAnimate

posted by umazanij6m