Will they Implement a Canadian Wealth or Estate Tax? Question My wife and I have been reading lately about all this talk related to a possible wealth or estate tax on Canadians. We have significant investment accounts in both Canada and the US. Do you think Canada will actually implement a wealth tax anytime soon?…
Canadian Wealth, Inheritance and Estate Tax I get these questions all the time, does Canada have a wealth, inheritance or estate tax? The quick answer, at least for now, is no… Canada doesn’t currently have any type of wealth tax other than a final death tax that calculates and taxes a taxpayer’s final capital gain…
Common Questions Asked By US Citizens in Canada – FATCA and Tax Related We get a lot of tax and FATCA (Foreign Account Tax Compliance Act) related questions and I wanted to take the opportunity to outline some of the most common questions in an effort to help anyone who may have similar questions about…