Synopsis:
The 2017 965 Transition Tax confiscated the pensions of a large numbers of Canadian residents. The ongoing GILTI rules have made it very difficult for small business corporations to be used for their intended purposes in Canada.
The power to regulate is the power to destroy! That's why the regulatory process should require careful consideration of how and to whom regs apply. It's time for Treasury to consider "A Simple Regulatory Fix for Citizenship Taxation" https://t.co/6dUqXjtUNo via @SEATNow_org
— John Richardson – lawyer for "U.S. persons" abroad (@ExpatriationLaw) June 27, 2021
Recent Comments