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Canadian Realestate Magazine | 12 Feb 2015, 07:09 AM Agree 0
Warning for Canadians with homes south of the border… Metropolitan areas see most population growth… Foreign investment could increase in Canada’s property market…
  • Not a USA citizen or taxpayer | 12 Feb 2015, 07:03 PM Agree 0
    Re: Warning for people living winter in US and owning homes in US.
    Am I missing something here?
    Isn't it true that the IRS has the authority to tax it's "CITIZENS"? How does a Canadian become subject to a USA Corporation that only has the right over its citizens/members?
    Is there not a reciprocal agreement that prevents taxation of a Canadian by the IRS?
    Is it not true that the difference between Canada and USA is that USA taxes based on citizenship and CRA TAXES BASED ON RESIDENCY?
    OH I get it, if a Canadian is out of the country for more than 6 months they could argue that they are no longer resident in Canada!
    Why is the media in Canada so intent on creating fear?
    How thorough a job did the writer of these stories investigate the reality of the fear they are trying to foment.
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