U.S. Citizens in Canada InfoShop

2013 Mar 8 – Shecter

Barbara Shecter
TFSAs a new tax risk for Americans living in Canada?
Financial Post (8 Mar 2013)


Canadian tax lawyer Dick Pound has just published Tax Guide for American Citizens in Canada. An attempt to have the IRS clarify on “intended tax treatment for TFSAs” brought no response. It seems likely that TFSA income would result in a taxation mismatch for Canada-resident U.S. persons.

Written by usxcanada

8 March 2013 at 6:00 am