U.S. Citizens in Canada InfoShop

2012 Aug 29 – Moody

Kim G.C. Moody / Roy A. Berg
Tax in Canada and the US: the differences that really matter
Moodys Tax Advisors (29 Aug 2012)


The authors highlight seven separate points as key differences:  (1)  Taxation of individuals  (2)  Estate tax  (3)  Corporate taxation  (4)  Foreign reporting requirements  (5)  Double taxation  (6)  Variations in exit/departure tax  (7)  Status of paid tax preparers. Item 5 provides a link to another essential posting of theirs that has continuing value (and so is featured in the selective reading list appended to the Start Here section). Item 7 provides the fact that “according to the IRS there are only 2,392 such [qualified] individuals in all of Canada.”

Written by usxcanada

29 August 2012 at 6:00 am

Posted in Legal, Uncategorized