Life is even more challenging for many U.S. citizens in Canada who operate businesses
The story behind global intangible low-taxed income
Mostly misses—especially tax deferral loss for corporations
Their tax positions could get "substantially worse"
Data from Industry Canada shows that, of all the exporting firms in Canada, more than 90% are considered small businesses.
Changes to the rules are likely because of a new bill that drastically enhances U.S. border agents' powers.
We answer this and other questions your clients might have.
What happens when the foreign tax credit is denied
Due to political and economic uncertainty, Americans and Britains are looking for second passports in attractive global regions.
Scrapping FATCA and eliminating citizenship-based taxation are also on the table.
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