Investing in Canadian Real Estate

Transcription

1 June 16, 2016 National Webinar May 2016 FEATURES OF THE PLATFORM Slides Maximizes/minimizes your slide preview Media Player control over sound / play & pause Speaker Contact Information view detailed speaker bios Ask a question - any time you want Resource list download the presentation slides Help resource event help guide Slide 2 1

2 June 16, 2016 BIOGRAPHY Suky Cheema, CPA, CA, BBA Partner, Audit & Assurance Suky leads the Vancouver Real Estate and Construction practice. With over 16 years of experience providing professional services to private company clients, her expertise ranges across a variety of industries with specialization in real estate and construction. scheema@bdo.ca Direct: West Georgia Street Suite 600 Vancouver BC V6C 3L2 Tel: Fax: Her real estate and construction clients include property managers, land developers, residential construction and commercial real estate landlords and developers involved in commercial, retail, office, industrial, and residential properties in Canada and the United States. She is also an active member of her community, acting as an advisory committee member of the Vancouver Cancer Society, as well as chair of the BC Children s Hospital South Asian Division. Slide 3 BIOGRAPHY Perry Yuen, CPA, CA Partner, Tax Perry has 17 years of public practice experience in virtually all areas of personal, corporate, and estate taxation, with an emphasis on corporate reorganizations and business succession. pyuen@bdo.ca Direct: West Georgia Street Suite 600 Vancouver BC V6C 3L2 Tel: Fax: For the past fifteen years, Perry has provided various tax planning and advisory services to high net worth clients, privately-held businesses, public corporations, foreign corporations with Canadian operations, and estates of Canadian citizens and residents. He previously taught as a group study leader for the CICA In-depth Tax Course. Slide 4 2

3 June 16, 2016 INVESTING IN CANADIAN REAL ESTATE Overview Domestic consumer confidence Interest rates favorable Leveraging capital growth Shortage of supply for commercial and residential product Rental market strong Slide 5 INVESTING IN CANADIAN REAL ESTATE Overview cont d Foreign Investment Lower Canadian dollar Stable economy US and China larger investors Slide 6 3

4 June 16, 2016 INVESTING IN CANADIAN REAL ESTATE Agenda Common Ways to Invest in Canada Keeping Money in Canada Repatriation of Funds Other Tax Considerations Slide 7 COMMON WAYS TO INVEST IN CANADA 4

5 June 16, 2016 COMMON WAYS TO INVEST IN CANADA Large Scale Projects Common investment vehicles used a. Partnerships b. Joint ventures/corporations c. Mortgage investment corporation (MIC) Slide 9 COMMON WAYS TO INVEST IN CANADA Smaller Projects Common ways to invest a. Corporations b. Personal Slide 10 5

6 June 16, 2016 KEEPING MONEY IN CANADA KEEPING MONEY IN CANADA Canadian Tax at a Glance Tax Administration Income Tax Determination in Canada Taxation Year Tax Return Due Date(s) Slide 12 6

7 June 16, 2016 KEEPING MONEY IN CANADA Withholding Taxes Non-resident Withholding Tax Ways to Reduce Withholding Tax Slide 13 REPATRIATION OF FUNDS 7

8 June 16, 2016 REPATRIATION OF FUNDS Disposition of Investment Withholding Taxes on Disposition Obtaining Clearance Certificate Other Repatriation and Exit Strategies to Consider Slide 15 OTHER TAX CONSIDERATIONS 8

9 June 16, 2016 OTHER TAX CONSIDERATIONS Sales Taxes Agency agreements Slide 17 FEATURES OF THE PLATFORM Speaker Contact Information view detailed speaker bios Ask a question - any time you want Resource list download the presentation slides Slide 18 9

10 June 16, 2016 QUESTIONS Slide 19 THANK YOU FOR ATTENDING 10