Cross Border News – Page 2

4 05, 2020

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Globe & Mail – Will the current presidential election change U.S. estate tax for Canadians?

We are very pleased to share that David Altro and Avi Guttman were asked to prepare a special for The Globe and Mail, which was published on May 3, 2020. Their article titled “Will the current presidential election change U.S. estate tax for Canadians?” provides insight into how the US estate tax may change with the upcoming US presidential election. The article reviews proposed changes by the Republicans and Democrats, and what this means for Canadians with US estate tax exposure.

28 04, 2020

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Thomson Reuters – A New Multilateral World

The OECD’s Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the multilateral instrument or “MLI”) is now law in Canada. The MLI was Action 15 of the Base Erosion and Profits Shifting (BEPS) Project. With respect to taxpayers claiming benefits under Canadian bilateral treaties the MLI is effective January 1, 2020 with respect to withholding under 28 bilateral treaties and effective for tax years beginning June 1, 2020 with respect to all other taxes levied by Canada or one of these bilateral treaty countries. The MLI uses a “reservation” process whereby either Canada and the bilateral treaty partner can reserve with respect to certain provisions in the MLI, in either case the particular MLI provision may not apply or may apply in modified form with respect to that particular bilateral treaty.

13 12, 2019

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Bradley R. Thompson interviewed by “Finance et investissement” about PFICs

David Altro & Avi Guttman published in the Globe and Mail on the US tax filing requirements that Americans living in Canada should know.

11 12, 2019

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Globe & Mail – U.S. tax-filing requirements that Americans living in Canada should know

David Altro & Avi Guttman published in the Globe and Mail on the US tax filing requirements that Americans living in Canada should know.

28 10, 2019

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Globe & Mail – Andrew Scheer is renouncing his U.S. citizenship. Here’s what Americans living in Canada should know

David Altro, Matt Altro, and Alessandro Tortis were invited to prepare a special for The Globe and Mail, which was published on October 28, 2019. Their article titled “Andrew Scheer is renouncing his U.S. citizenship. Here’s what Americans living in Canada should know” the article provides an overview of dual Canadian & American citizenship, expatriation, and the process for renouncing U.S. citizenship.

6 09, 2019

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Globe & Mail – How to Get an ‘A’ in Cross-Border Education Planning

We are very excited to announce that Matt Altro and David Altro were invited to prepare a special for The Globe and Mail, which was published on June 17, 2019. Their article titled “How to Get an 'A' in Cross-Border Education Planning” examines and provides insight into the complicated tax implications that arise when investing in a Canadian Registered Education Savings Plan ("RESP") for both U.S. citizens living in Canada and Canadians moving to the U.S.

17 06, 2019

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Globe & Mail – If your child lives in the U.S., it may be time to revise your will

David Altro, Matt Altro, and Zaina Kottis were asked to prepare a special for The Globe and Mail, which was published on June 17, 2019. Their article titled “If your child lives in the U.S., it may be time to revise your will” examines six essential hurdles that Canadian citizens will have to overcome when appointing American resident children as executor of their will.

1 04, 2019

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Globe & Mail – Four Tax and Other Financial Considerations for Americans Moving to Canada

Matt Altro and David Altro were asked to prepare a special for The Globe and Mail titled “Four Tax and Other Financial Considerations for Americans Moving to Canada” which provided an overview of some key issues that Americans moving to Canada should consider.

17 01, 2019

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Advisor’s Edge – Planning considerations for Canadians selling U.S. real estate

David A. Altro & Samantha Wu published in Advisor’s Edge on the planning considerations for Canadians selling U.S real estate. Read this article to learn more.

5 12, 2018

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Globe & Mail – Equality for same-sex snowbirds with property in the US

David Altro & Matt Altro published in the Globe and Mail on equality for same-sex Canadian snowbirds with property in the U.S.