Serbinski Accounting Firms

I would refer back to a response that was posted Mar 17, 2005 by "nelson non grata" regarding a US citizen that is a resident of Canada, the response stated that systematic periodic withdrawals would only be taxed 15% by US, by treaty Article XVIII.2

I have a US citizen that is a Canadian resident and is receiving periodic payments from an IRA. According to the U.S. Canada Income Tax Treaty Article XVIII 2(a), the tax charged shall not exceed 15 per cent of the gross amount of the pension. Is this true and with the new stacking rules for taxatio...