Canadian Tax Podcast 012: PSB’s, W-8BEN-E, and Dual US/CAN Citizen.

Canadian Tax Podcast for the week of May 10th, 2021. This week we cover:

  • No post-tax season filing extensions;
  • Represent A Client broke;
  • Covid benefits tied to 2020 T1 filing;
  • Personal Services Business (PSB) myths;
  • Contractors: How to fill out the W8-BEN-E form;
  • Dual Citzen (US/CAN) filings;


“This is the Canadian Tax Podcast, Episode # 012,  hosted by me, Cameron Ware. Good morning”


  • “Happy Monday, it is the week of May 10, 2021. For all the accountants out there, I hope you all got to enjoy a bit of a post tax-season break. Everyone at my office was away last week on our usual post-tax season break, but CTP is back at it like usual this week. We’ll start with the news.



[ITEM 3] – CRA “HELPFUL” release

ITEM [4] –


  • PSB Query
    • Not sure why the internet is so awful at answering this, but get it together people.
    • Standard answer:
    • Ref 1392644 Ontario
  • W-8BEN-E Query
    • Client needed to file a “W8-BEN-E” and was wondering what it is.
    • IRS disclosure form for payments made to non-residents.
    • How to fill it out:
  • Dual Citizen (US/CAN) filings
    • [quote]
    • Your question actually misses things completely.
    • You’re American. The US “is the centre of the world”, therefore play by US rules.
    • You need to file US returns every year.
    • If you’re Canadian resident, need to file Canadian stuff too.


That will wrap things up for today. Like always, if you have any questions, send them to, or find us on twitter:  

This is Canadian Tax Podcast, thanks for listening. 

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