General Dual-Citizen Tax Questions

[moss.whitney]

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 that address this situation. Thank you in advance.

Personal:

1) Asset Protection - Are there any loop holes I can take advantage of pertaining to estate tax? Any other personal asset protection through moving funds/assets to/from CAN and USA?

2) Capital Gains - What are the Capital Gains tax laws concerning assets in CAN and the USA?

Business:

1) Incentives - Are there any Small Business incentives in CAN that aren't found in the USA, and vice-versa?

1) a. Are there tax benefits for CAN business vs USA business, in general?

1) b. Are there tax benefits to having a subsidiary of a USA business in CAN?

and, finally 1) c. What is the definition of a "Small Business" in CAN vs USA, for tax purposes?

Thank you for your help and I apologize if some of these questions overlap. I look forward to your response.