The S. 877A “Exit Tax” and possible treaty relief under the Canada US Tax Treaty
Introduction – The Canada U.S. Tax Treaty Does Not Always Prevent Double Taxation
When countries independently make major changes in tax law, double taxation can occur.
The following comment from 5thSwiss on the Isaac Brock Society site explains why and how double taxation can be a reality. It also underscores the dangers of a U.S. citizen leaving the United States. Read more