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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 the Newsweek article: “Thousands Renounce US Citizenship as Expatriation Figures Near Record High,” October 30, 2026.

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Alexander Marino appeared on CONNECT With Sarah Crosbie on Corus Radio on August 25, 2026, to discuss to discuss US Citizenship Renunciation in wake of the Canada-US trade war.

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Alexander Marino is quoted in The Guardian article:“‘I don’t want to be part of a dictatorship’: the Americans queueing up to renounce their citizenship”, April 28, 2026.

 

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Alexander Marino was a guest on the “This is Ottawa” CBC podcast episode titled ‘I feel alienated from my U.S. identity’ on March 23, 2026.

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Alexander Marino was interviewed for the CBC news story “Dual citizens weigh Trump, taxes in decision to renounce US citizenship” on March 23, 2026.

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Canadian government moves to implement long overdue technical tax amendments

On October 24, 2012, the Minister of Finance tabled a detailed Notice of Ways and Means Motion (“NWMM”) to implement technical tax amendments. Many of the amendments were proposed approximately 10 years ago. We have previously written on how the Government of Canada develops and implements tax legislation in our February 1, 2012 blog . As we noted in that blog, the fact that there has been proposed tax legislation in existence for such a long time has been challenging. The long outstanding proposed legislation appears to be close to being passed into law and is very welcome news.

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Tax in Canada and the US: The differences that really matter

Many people assume that the US and Canadian tax systems for individuals are similar. Not true. There are some important differences. Accordingly, the purpose of this article is to point out some of these important differences that can cause problems for the uninformed. By no means is this article intended to be exhaustive… simply informative.

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Hot times for summer tax action: The top five

Our firm’s tax groupies often ask us what is happening in the tax world. Given that we are in the heart of the summer, we thought it would be a good time to list the top five tax matters / issues that we are waiting for. Ok… ok… tax groupies might be a bit of a stretch, but we can only hope.

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Important Supreme Court of Canada case on farming losses — Win, place or show me the money

On August 1, 2012 the Supreme Court of Canada released its decision in Canada v. Craig, 2012 SCC 43. The case involved the deductibility of farming losses incurred by a taxpayer.

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Fair market value transfers of property to trusts – The Federal Court of Appeal decision of Sommerer

Canadian tax practitioners often recommend the use of inter vivos trusts in tax and estate planning for private clients. Trusts, if planned and executed correctly, offer confidentiality protection, probate avoidance, income / capital gains splitting and potential tax deferral. Trusts are not for everyone. They require careful execution and administration but in the right circumstances trusts can offer flexibility for the private client in planning their affairs.

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Don’t let the tax tail wag the dog

At Moodys, our bench strengths are Canadian, US, and cross-border tax advisory services. We are a unique multi-disciplinary firm that employs both accountants and lawyers to arrive at optimal solutions for our clients. However, what does “optimal solutions” mean? Good question.

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***CLICK FOR ALL NEWS***

Alexander Marino is quoted in the Newsweek article: “Thousands Renounce US Citizenship as Expatriation Figures Near Record High,” October 30, 2026.

***CLICK FOR ALL NEWS***

Alexander Marino appeared on CONNECT With Sarah Crosbie on Corus Radio on August 25, 2026, to discuss to discuss US Citizenship Renunciation in wake of the Canada-US trade war.

***CLICK FOR ALL NEWS***

Alexander Marino is quoted in The Guardian article:“‘I don’t want to be part of a dictatorship’: the Americans queueing up to renounce their citizenship”, April 28, 2026.

 

***CLICK FOR ALL NEWS***

Alexander Marino was a guest on the “This is Ottawa” CBC podcast episode titled ‘I feel alienated from my U.S. identity’ on March 23, 2026.

***CLICK FOR ALL NEWS***

Alexander Marino was interviewed for the CBC news story “Dual citizens weigh Trump, taxes in decision to renounce US citizenship” on March 23, 2026.