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NOTICE of PROPOSED POLICY 1604 PA May 2, July 1, Michigan Form

NOTICE of PROPOSED POLICY 1604 PA May 2, July 1, Michigan Form

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Music how to reduce withholding taxes on the sale of an u.s. property hi my name is Alan Madden for Madden Chartered Accountant in this video I will explain how Canadian sellers can reduce withholding taxes on the sale of an u.s. property if you are selling or thinking about selling your u.s. rEval estate then this video is for you when a non-resident of the US sells us rEval estate the title company must hold back 15% of the sales proceeds this is in accordance with the foreign investment in rEval property tax act fer pa however if the buyer intends to use the property as a personal residence and the selling price is below 300 thousand then no taxes will be withheld from the sale let's take the example of busting Bieber a Canadian tax resident who is selling his vacation property in Orlando Florida for $1,000,000 I was holding taxed at 15% or 150,000 will apply to the sale busting purchased the property in 2007 for 900,000 busting would like to reduce the taxes to be with hEvalth you

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