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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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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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Alexander Marino recently appeared on the Global Investment Voice Podcast to discuss the benefits of renouncing US citizenship on March 14, 2024.

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Alexander Marino guested on the Snowbirds US Expats Radio Podcast about the benefits of renouncing your US citizenship on January 17, 2024.

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The Inflation Reduction Act of 2022

On Sunday, August 7, 2022, the US Senate passed the Inflation Reduction Act of 2022 (H.R. 5376). The vote to pass the bill was strictly on party lines.

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Lesson from the FCA’s Decision in Paletta: Seek a Legal Opinion to Obtain Sound Advice – Don’t Rely on Informal Communications

The process of obtaining comprehensive legal or accounting advice on the tax consequences of a proposed transaction involves a taxpayer disclosing all relevant details of that proposed transaction to his lawyer or accounting tax advisor.

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USCIS Publishes New Forms for EB-5 Investor Program

USCIS announced revisions to its Form I-526, Immigrant Petition by Alien Entrepreneur, used for EB-5 Investor cases.

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Confessions of an E-2 Visa Addict

The E-2 visa program (officially the “E-2 Treaty Investor Nonimmigrant Visa” category) is a win-win for the US and for the E-2 investor that wants to live in the US full-time or part-time.

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Countries Around the World Offer Tax-Free Status – But US Citizens Need to Be Aware of the Pitfalls!

Golden Visa programs have been a boon to many countries that have seen their economies benefit from an influx of foreign capital. While these programs offer many advantages (including low and even 0% tax rates), US citizen buyers beware.

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Rely on the CRA at Your Own Peril: The (un)Availability of Equitable Remedies in the Tax Context

The Supreme Court of Canada (“SCC”)’s recent decision in Canada (Attorney General) v. Collins Family Trust, 2022 SCC 26(“Collins”) has seemingly closed the loop on the (lack of) availability of equitable remedies in cases involving income tax.

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***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.

***CLICK FOR ALL NEWS***

Alexander Marino recently appeared on the Global Investment Voice Podcast to discuss the benefits of renouncing US citizenship on March 14, 2024.

***CLICK FOR ALL NEWS***

Alexander Marino guested on the Snowbirds US Expats Radio Podcast about the benefits of renouncing your US citizenship on January 17, 2024.