Monday, May 17, 2010

Long arm of IRS affects even average Canadians

Long arm of IRS affects even average Canadians: "'The estate tax applies to all U.S. citizens' assets worldwide,' says American Citizens Abroad, a Genevabased lobby group of American expats. When an American dies, a non-U. S. citizen spouse can be left with a smaller estate once U.S. tax obligations are met."

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