Search Blogs

US Tax vs. Canadian Tax

There are many similarities between the U.S. and Canada, but there are some significant distinctions between U.S. and Canadian tax law especially for U.S. citizens resident in Canada, including permanent residents of the US (“green-card” holders). For the unwary those distinctions may result in substantial U.S. tax liabilities where those differences are not identified in […]

Read More

US Persons Holding Non-U.S. Mutual Funds

November 20, 2012

U.S. citizens and lawful permanent residents (green card holders) who hold certain investments may unknowingly be subject to adverse US tax implications where the investments are characterized as investments in Passive Foreign Investment Companies (“PFICs”). PFICs include non-U.S. mutual funds and exchange traded funds (ETFs) which are typically organized as corporations or trusts in Canada. […]

Read More

Welcome to W.L. Dueck & Co. LLP – Providing Cross-border Tax Expertise Since 1998… and Commentary since 2012

November 1, 2012

Welcome to www.crossbordertaxblog.com, W.L. Dueck & Co. LLP’s U.S. and cross-border tax blog. We are a team of over 20 tax professionals that work exclusively on U.S. and cross-border tax issues. Our clients include Canadian businesses and individuals with investments in the U.S. and U.S. citizens resident in Canada. We provide both tax consulting and […]

Read More