An increasing number of Americans living abroad, including those living in Canada, are choosing to give up their U.S. citizenship in order to escape the burden of their U.S. tax-filing obligations. Through the first six months of this year, 1,809 Americans renounced their U.S. citizenship, according to U.S. government figures. That compares with 932 so-called […]
Feds targetting a range of tax loopholes
But Chris Hodgson says there is still an important role for the independent advisor
Once a laggard in wealth management, Scotiabank has made great strides to close the gap these past few years
Canada’s investment dealers have been passing on the cost of France’s financial transaction tax (FTT) to their clients on transactions the firms process involving French securities and American depository receipts (ADRs), even as Canadian financial services industry groups lobby against such taxes and the introduction of a broader European FTT set for next year. “Canadian […]
The CRA's closer scrutiny is seen to be a call for increased compliance efforts for charities such as family foundations
There's much dissatisfaction regarding firms' back-office departments advisors cite a bevy of concerns
Transitional rules will give firms more flexibility to make changes
New start date is July 1, 2014
Would tax change to trusts generate much revenue?