Archive for the ‘Political’ Category
Tax information session for US/Canadian dual citizens — hosted by Megan Leslie
Megan Leslie — NDP Member of Parliament, Halifax (17 Jan 2012)
Announcement of “an information session for constituents who were born in the United States and are now Canadian citizens” to be held at Dalhousie University in Halifax on 18 Jan 2012. Three panelists: immigration lawyer, tax consultant, chartered accountant.
Stateless in Slovakia: what if you renounce US citizenship …
GlobalPost (6 Dec 2011)
Anarchist Mike Gogulski in Slovakia is one of two US citizens known to have chosen to become stateless.
Getting results: Response from Minister Flaherty re United States taxation of Canadian citizens
Vancouver Kingsway Member of Parliament [Blog] (17 Nov 2011)
Davies reproduces the 28 August 2011 letter he sent to three relevant Ministers in his capacity as Official opposition Critic for Citizenship, Immigration and Multiculturalism. Appended as 3-page pdf file is the Oct 26 response from Minister of Finance Jim Flaherty. A two-page letter is followed by Fact Sheet — October 2011: U.S. Tax and “FBAR” Filing Requirements for U.S. Citizens in Canada, a document which includes this explanation as an endnote:
Penalties imposed under FBAR will not be collected by the Canada Revenue Agency (CRA):
The Canada-United States Income Tax Convention contains a provision which allows for the collection by a country of taxes imposed by the other country, including civil penalties. This provision does not apply to penalties imposed under laws, such as the U.S. Bank Secrecy Act, that impose only a reporting requirement (as opposed to those that impose taxation along with reporting requirements). Also, the CRA does not and will not collect the U.S. tax liability of a Canadian citizen if the individual was a Canadian citizen at the time the liability arose (whether or not the individual was also a U.S. citizen at that time).
Are you targeted by the IRS?
Castlegar Source (11 Oct 2011)
British Columbia Member of Parliament Alex Atamanenko reports “a flood of calls and letters from worried Canadians across the country seeking information and advice on the new enforcement initiatives for filing US tax returns and reporting foreign bank accounts (FBARs).” He briefly outlines the situations of Susan and Dorothy. The op ed concludes: “The Americans have ignored our international trade agreement when it suits them, and now, in defiance of our reciprocal tax treaty, are coming after our savings and retirement security.”
Oral Question — Taxation
House of Commons, Canada (3 Oct 2011)
Member of Parliament for New Brunswick Southwest puts a question about the circumstances facing US citizens in Canada.
New U.S. tax law creating privacy, cost concerns
Citizen (23 Sept 2011)
[ Note: No longer available through link ]
Member of Parliament Jean Crowder outlines US tax issues and says that the New Democrat foreign affairs critic “will be contacting the Canadian embassy to raise our concerns with this legislation.”