The U.S. tax system imposes income tax on both its residents and its citizens, regardless of where they live in the world – even Canada. This means the thousands of U.S. persons living in Canada need to consider both Canadian and U.S. income tax issues in their overall planning. This article examines three major U.S. tax issues that U.S. persons living in Canada encounter when purchasing life insurance from Canadian insurers, including some planning tips.
To continue reading please click HERE
August was a strong month for global markets, but uncertainty remains. Learn about the key…
Global events continue to shape the economic outlook, creating new opportunities and risks for investors.…
How are inflation, interest rates and global events influencing markets? While global equity markets were…
Global markets are climbing but rising inflation, high energy costs, and cautious consumers tell a…
Shifting global markets, rising inflation and geopolitical tensions – learn more about the forces shaping…
Markets faced a shifting backdrop in March, with global tensions and economic data challenging assumptions…