Search found 6 matches

by moss.whitney
Wed Sep 30, 2009 5:25 pm
Forum: Canada / United States Tax & Accounting
Topic: Resources for Dual Citizen
Replies: 4
Views: 3951

From the book "The Complete Guide to Offshore Residency, Dual Citizenship and Second Passports" By Robert Bauman : "Under current US law, a citizen who is suspected of giving up citizenship for the principal purpose of avpoiding taxes can still be taxed on US source income for 10 year...
by moss.whitney
Wed Sep 30, 2009 5:14 pm
Forum: Canada / United States Tax & Accounting
Topic: Resources for Dual Citizen
Replies: 4
Views: 3951

I'm researching what I can do (if anything) to take advantage of my dual-citizen status; I was born in Canada, have been a US citizen for 15 years and am living in the states. Now running a growing company and hate US taxes and am concerned about asset protection (from litigation). May renounce US c...
by moss.whitney
Wed Sep 30, 2009 1:15 pm
Forum: Canada / United States Tax & Accounting
Topic: Resources for Dual Citizen
Replies: 4
Views: 3951

Resources for Dual Citizen

Nelsona,

Would you please recommend any texts or online resources for finding as much info as possible about the benefits of being a dual US/Canada citizen (besides this wonderful site). Preferably books but anything would help. Thanks!
by moss.whitney
Fri Sep 25, 2009 9:40 am
Forum: Canada / United States Tax & Accounting
Topic: Capital Gains
Replies: 1
Views: 2034

Capital Gains

If I am a dual citizen with assets in both Canada and the US, how are Capital Gains taxed?



Thanks
by moss.whitney
Tue Sep 22, 2009 12:12 pm
Forum: Canada / United States Tax & Accounting
Topic: Incorporating in Canada
Replies: 1
Views: 1928

Incorporating in Canada

Nelsona, Will you please expand on a brief answer you gave to a previous question? From 7/29/09: "1) Is it advantageous to incorporate in Canada or will the "retained earnings" rules from the US nullify any benefit that incorporation will give me? " You replied : "there is n...
by moss.whitney
Mon Sep 21, 2009 2:35 pm
Forum: Canada / United States Tax & Accounting
Topic: General Dual-Citizen Tax Questions
Replies: 0
Views: 4035

General Dual-Citizen Tax Questions

Hello, I am a Dual-Citizen of the USA and Canada, am currently residing in the States, and have some questions regarding potential tax benefits that are both personal and business related. Please assume all questions pertain specifically to my status as a dual-citizen and I am looking for answers th...