The Resource Expatriation : the American's tax experience in Canada

Expatriation : the American's tax experience in Canada

Label
Expatriation : the American's tax experience in Canada
Title
Expatriation : the American's tax experience in Canada
Creator
Subject
Language
eng
Summary
Only two governments in the world - the United States and Eritrea - subject their citizens to comprehensive worldwide taxation regardless of where they live. There are more Americans living in Canada than in any other foreign country. While the two countries have generally similar income tax systems, there are a number of areas of incompatibility. As a result, US citizens living in Canada encounter significant limitations on their ability to carry on their activities or plan their affairs, compared with non-US citizens. In addition, the reporting burden imposed by the US Internal Revenue Service is heavy, and growing. A more aggressive enforcement policy in recent years has induced increasing numbers of Americans abroad to relinquish their US citizenship or green-card status. This article discusses the history of this phenomenon, and the tax consequences for Americans in Canada who give up their US status
Citation source
In: Canadian tax journal = Revue fiscale canadienne. - Toronto. - Vol. 61 (2013),
http://library.link/vocab/creatorName
  • Nightingale, K
  • Turchen, D
Geographic coverage
North America
Language note
English
http://library.link/vocab/subjectName
  • expatriate
  • voluntary disclosure
  • FATCA
  • enforcement
  • immigration
  • exit tax
  • transfer tax
  • collection of tax
  • penalties
  • double taxation
Label
Expatriation : the American's tax experience in Canada
Instantiates
Publication
Label
Expatriation : the American's tax experience in Canada
Publication

Library Locations

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      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
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