“Americans will be subject to a new 3.8 per cent tax on investment income that kicks in this year to help pay for the government’s new healthcare program, known as Obamacare. Lawyer Kevyn Nightingale, a Toronto-based U.S. tax expert, estimated tens of thousands of Americans living in Canada could be affected by the new tax and find themselves owing money for the first time. The problem, the Globe said, is that unlike rules that allow expats to claim credits for taxes they’ve paid in the countries where they live, they can’t offset this new tax.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
He Could Bear Arms for the Government -- But Not For Himself
Mind Readers Crack Open New Tech Market
Small business Obamacare online enrollment delayed a year
Understand The Rules Before You Transport Precious Metals Overseas
Congressional Research Service says not much Feds can do about legalized marijuana
If Snowden's A Terrorist, What About Uber and Airbnb?
Dept of Agriculture Orders Submachine Guns with 30 Round Magazines
Private Detectives Filling Gaps Left by Police Budget Cuts
US Supreme Court Expands Use of Drug Dogs During Traffic Stops
Cops Raid Gamer Live On Twitch After Fake SWAT Call
Private Jet Service PrivateFly Now Accepts Bitcoin
America’s PhDs on Food Stamps
Did you know police have their own Bill of Rights?
3D Printer Company Aims to Block Printing of Guns
Activision R&D Real-time 3D Character Demo