A space for those considering a move to Canada … https://t.co/XdHWMEPuxJ
— John Richardson – lawyer for "U.S. persons" abroad (@ExpatriationLaw) November 21, 2020
About Canada’s foreign asset reporting rules …
Penalties for failing to file US information returns reporting non-US assets are draconian. Be careful Canada has similar requirements for reporting non-Canadian assets. To be FORMwarned is to be FORMarmed! List of posts about Canada's reporting rules. https://t.co/oOdYhlBBAU
— John Richardson – lawyer for "U.S. persons" abroad (@ExpatriationLaw) September 26, 2021