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Archive for the ‘Saskatchewan’ Category

2011 Sept 24 – Dobby

 
Christine Dobby
U.S. campaign to catch tax cheats snaring Canadians
[ Print title: ‘Lost Americans’ vs. IRS: Canadians with distant links fearful of massive U.S. tax penalties ]
National Post (24 Sept 2011) FP3


http://business.financialpost.com/2011/09/24/u-s-campaign-to-catch-tax-cheats-snaring-canadians/

Minnesota natives Esther Thompson 70 and sister Betty 69, both married to retired Saskatchewan farmers, await the outcome of their participation in OVDI. Joint accounts with husbands that show large fluctuations related to grain sales cause them concern. So far each has spent $6,000 on legal and accounting fees. Tax analyst Cleo Hamel has never “seen anything like this that’s caused this much concern, even in Canadian tax.”
 

Written by usxcanada

24 September 2011 at 7:00 am