Search found 35 matches

by eeyore
Sat Sep 07, 2013 8:59 am
Forum: Business & Personal Immigration to the United States
Topic: Can a U.S. Resident Establish a Canadian $ Bank Account?
Replies: 5
Views: 8934

Can a U.S. Resident Establish a Canadian $ Bank Account?

I have Canadian-citizen siblings living in the U.S. who would like to have a Canadian-dollar bank account. Ideally, they would prefer an account in an institution in the U.S., but they've found it difficult to find such where they live in Maine. Does anyone know of any banks in Maine that offer this...
by eeyore
Wed Jun 12, 2013 8:36 pm
Forum: Business & Personal Immigration to the United States
Topic: Ramifications of Renouncing Citizenship
Replies: 3
Views: 15126

Ramifications of Renouncing Citizenship

What are the ramifications of renouncing U.S. citizenship?

For example, will a person who renounces be barred from ever re-entering the U.S.?
by eeyore
Wed Mar 20, 2013 11:36 am
Forum: Canada / United States Tax & Accounting
Topic: U.S. Beneficiaries of Canadian Estate: Filing Requirements
Replies: 22
Views: 12026

Sorry, I found the link.

It's not enirely clear from the IRS web page whether beneficiaries of a TFSA, RRIF, or RRSP would also be exempt from reporting if under $100,000. Or is it?

Thanks.

Wayne
by eeyore
Wed Mar 20, 2013 11:29 am
Forum: Canada / United States Tax & Accounting
Topic: U.S. Beneficiaries of Canadian Estate: Filing Requirements
Replies: 22
Views: 12026

Thanks, primo.

Could you please post the web link, so that I can see the entire document?

Thanks!
by eeyore
Tue Mar 19, 2013 7:10 pm
Forum: Canada / United States Tax & Accounting
Topic: U.S. Beneficiaries of Canadian Estate: Filing Requirements
Replies: 22
Views: 12026

U.S. Beneficiaries of Canadian Estate: Filing Requirements

I am the executor for my mother's estate, who passed away last year in Canada. I live in Canada and am a Canadian citizen only. Two beneficiaries are siblings living in the U.S. Do these siblings need to file a 3520 as a result of receiving funds from the estate? Do they have any other requirements,...