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Insight on what’s happening in the world of tax, law and accounting so you can stay ahead.

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Alexander Marino is quoted in an article titled “Trump bump: U.S. citizenship renunciation inquiries surge in Canada, lawyers say” on CBC News, January 28, 2025.

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Alexander Marino is quoted in an article titled “‘Scary’: Why US expats are tossing their citizenships – and it’s not just Trump” in The Sydney Morning Herald, November 1, 2024

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Kenneth Keung is quoted in the Investment Executive article titled “Quirk in capital gains tax rules raises risks for incorporated clients,” published on July 24, 2024.

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Kenneth Keung is quoted in the Investment Executive article titled “How should trusts flow out capital gains to beneficiaries in 2024?”, July 5, 2024.

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Kim G C Moody, Kenneth Keung, and Christopher Ellett are quoted in the Investment Executive article titled “When is the latest clients can sell assets prior to June 25?”, published on May 17, 2024.

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5 Things You Need to Know if You’re a US Citizen Living Abroad

If you qualify as a US citizen at birth, even if your parents do not officially register you as one, you are one for life (unless you renounce, of course).Whatever your reason for living abroad, there are some important things that every US citizen must take into consideration.

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Our Response to the CRA’s Position on Creditor-Proofing Reorganizations – Part 1

Our Response to the CRA’s Position on Creditor-Proofing Reorganizations – Part 1

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Rumour Has It: Canada May Relax Quarantine Requirements For Vaccinated Travellers

Have you heard the rumours? According to reports in several media outlets, Prime Minister Trudeau is preparing to loosen quarantine requirements for fully vaccinated travellers.

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US Immigration Alert – Changes to COVID Travel Ban NIE Eligibility

In a time of unprecedented restrictions on international business travel to the United States stemming from the COVID-19 pandemic, the White House, the US Department of State (DOS) and the US Department of Homeland Security (DHS) have made it incredibly complex for American and global companies and organizations to bring key personnel to the US and implement operational planning.

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The “Super” Reason Australians are Renouncing Their US Citizenship

US citizens living in Australia and around the world are finding themselves facing the very difficult decision of whether to keep or renounce their US citizenship. A decade ago, the idea of renouncing one’s US citizenship was, for most, unthinkable. Fast-forward 10 years and wait times to book renunciation appointments at US consulates and embassies worldwide have exploded, with record numbers of quarterly and annual departures documented. So why is this article dialed in on our Aussie friends when US renunciation appears to be a global movement? The reason is Australia’s popular retirement vehicle known as a Superannuation fund (commonly referred to as a “Super”), something that can have negative cross-border US tax implications. The Super problem for US citizens in Australia is fueling a heighted desire to give up US citizenship.

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Prescribed Rate Loan Planning Creates US Tax Complications for Families With US Members

The low interest rate environment has made the prescribed rate loan arrangement a very popular tool for income splitting with family members without generally running afoul of the tax on split income (TOSI) rules. However, US tax issues will likely arise from the arrangement.

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***CLICK FOR ALL NEWS***

Alexander Marino is quoted in an article titled “Trump bump: U.S. citizenship renunciation inquiries surge in Canada, lawyers say” on CBC News, January 28, 2025.

***CLICK FOR ALL NEWS***

Alexander Marino is quoted in an article titled “‘Scary’: Why US expats are tossing their citizenships – and it’s not just Trump” in The Sydney Morning Herald, November 1, 2024

***CLICK FOR ALL NEWS***

Kenneth Keung is quoted in the Investment Executive article titled “Quirk in capital gains tax rules raises risks for incorporated clients,” published on July 24, 2024.

***CLICK FOR ALL NEWS***

Kenneth Keung is quoted in the Investment Executive article titled “How should trusts flow out capital gains to beneficiaries in 2024?”, July 5, 2024.

***CLICK FOR ALL NEWS***

Kim G C Moody, Kenneth Keung, and Christopher Ellett are quoted in the Investment Executive article titled “When is the latest clients can sell assets prior to June 25?”, published on May 17, 2024.