Beware long arm of Uncle Sam if fleeing to Canada
Thursday, March 16, 2017 @ 8:00 PM | By Peter Merrick
A lot of Americans started looking at their option to moving north after the election of Donald Trump. However, before packing their suitcases, these people should know that moving to Canada may distance them from Trump, but not from Uncle Sam. Veronika Chang, with Morris Kepes Winters LLP in Toronto, is a tax specialist with extensive experience working in the United States, especially in the areas of the Canada/U.S. Income Tax Convention and the Internal Revenue Service. I asked her what the tax pitfalls of this...
