IRS updates guidance on US-Canada DTA

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Credit to: Tax Avoidance News : IRS updates guidance on US-Canada DTA

The Internal Revenue Service (IRS) has released a revised October 2015 version of its Publication 597, which provides information on the United States-Canada double taxation agreement (DTA), reports Tax News.

A number of DTA provisions that most often apply to US citizens or residents who may be liable for Canadian tax are discussed in the publication. However, as DTA provisions are generally reciprocal, it is noted that Canadian residents who receive income from the United States may also refer to it to see whether a treaty provision affects their US tax liability.

The publication, for example, looks at the position of dual-resident taxpayers who are Canadian residents, and those who are not; income tax credits; the treatment of income from self-employment and permanent establishment rules; pensions, annuities, and social security; investment income from Canadian sources, including dividends, interest, royalties, and capital gains from the sale of property; and the taxation of charitable contributions.

Hope this will be the answer for all the issues for dual citizens of US-Canada.

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The other BIGGER thing the American Government is trying to do is claim death tax on properties owned by Canadians in the US The real big issue is they want TAX on Canadian properties owned by these people as well

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The only way that the IRS thinks that anyone might be required to file a return, or might owe taxes, is if someone informs them of such. You can make money all day long, and if nobody ever tells the IRS, you will never owe taxes, or be required to file a return.

When someone suggests to the IRS that you might have taxable income, the IRS will inform you that you need to file a return or otherwise pay your taxes.

When the IRS get serious about you, the way they do it is to file a complaint against you. They would take it to a court, except that they have been granted blanket court action ability, so that it is like they have taken you to court already.

The way to respond is to write letters to them demanding their information upon which they made their complaint. Include a request that asks for the interest that they have in your money.

After you have all the info that they send you, file a man to man claim against them, requiring that they show how you have harmed them or damaged their property that you owe them money. When they don't provide a man that has firsthand knowledge, they lose their claim or complaint.

Usually they have already stolen property from you. Your claim needs to be for the return of your property, plus damages for your loss of time and expenses. If you don't know how to do it, or what you are doing, you will probably lose.

Listen to Karl Lentz to understand how it is done.

https://www.youtube.com/watch?v=JPGSxSStc6M

https://www.youtube.com/watch?v=wv_9vBLas5s

https://www.youtube.com/watch?v=bcs2p3veRKU

https://www.youtube.com/watch?v=_gUej6aASZg

https://www.youtube.com/watch?v=iGnqCjCwA5s

While you watch these videos, take a look at all the other Karl Lentz videos that Youtube offers. Watch any others that interest you.

Then Youtube search on "Karl Lentz common law" for even more.

Part of the point is, our government people and those running for government office are all lying to you. They can't make you liable for income-like taxes. It is against the Constitution. All they can do is offer you the option, or collect the tax indirectly through the States, or Federal corporations.