Beth Webel and Christopher Gandhu

Cut U.S. tax ties

Saying goodbye to Uncle Sam and his taxman can be harder than you think.

By Beth Webel and Christopher Gandhu |December 19, 2011

4 min read

Cutting U.S. tax ties isn’t easy

Canadian and foreign pension plans; Canadian and foreign pension plans; RRSPs; IRAs; qualified tuition, education and health savings accounts; and certain trust interests. The $626,000 exemption applies only to gains derived from capital property and does not reduce income inclusions resulting from treatment of special property. Tax on future gifts If Jim gives a gift […]

By Beth Webel and Christopher Gandhu |October 21, 2009

4 min read

Cutting U.S. tax ties isn’t easy

Saying goodbye to Uncle Sam and his taxman can be harder than you think. Many U.S. citizens, dual citizens and long-term permanent residents (certain green-card holders) living in Canada are surprised to discover they’re subject to U.S. income, estate and gift tax, as well as Canadian income tax. In addition to creating ongoing U.S. tax […]

By Beth Webel and Christopher Gandhu |October 1, 2009

4 min read