U.S. Citizens in Canada InfoShop

2012 Oct 5 – Whiteley

 
Don Whiteley
U.S. tax laws: the long arm of Uncle Sam
B.C. Business (5 Oct 2012)

http://www.bcbusinessonline.ca/personal-finance/us-tax-laws-long-arm-uncle-sam

This is the first general-interest article in a Canadian publication to dig into what FATCA means for Canadian banks and credit unions who must also comply with Canadian privacy legislation. The story is personalized with an account of the difficulties encountered by B.C. resident Maury Williams. “The number of expatriate U.S. citizens renouncing their citizenship, while still very small, is growing rapidly. Lawyer [Ron] Zisman confirms that his business is booming and traffic at the Vancouver consulate is getting higher.”
 

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Written by usxcanada

5 October 2012 at 6:00 am

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