U.S. Citizens in Canada InfoShop

2012 Sept 19 – Houlder

 
Vanessa Houlder
US tax net closes on Americans living in Britain
Financial Times (19 Sept 2012)

http://www.ft.com/cms/s/0/c2b09b66-0272-11e2-9e53-00144feabdc0.html

“Banks will have to identify all their US customers by 2015.” Advisory costs for an individual to come into tax compliance with the US can reach £20,000 to £30,000. One tax accountant reports a five-fold increase in that portion of their business.
 

Written by usxcanada

19 September 2012 at 6:00 am

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