U.S. Citizens in Canada InfoShop

2014 Feb 5 – Fitz-Morris

 
James Fitz-Morris
FATCA tax deal with U.S. takes some heat off Canadian banks
CBC News (5 Feb 2014)

http://www.cbc.ca/news/politics/fatca-tax-deal-with-u-s-takes-some-heat-off-canadian-banks-1.2524444

“The most contentious aspects of the law remain intact … the requirement for financial institutions to flag the account information of “U.S. persons” for the U.S. Internal Revenue Service to then verify if all taxes have been paid.”
 

Written by usxcanada

5 February 2014 at 10:00 am

Posted in Canada, Uncategorized