Fantastic news, reported in The Globe and Mail today.
Americans living in Canada who’ve neglected to pay their U.S. taxes are getting a big break from Uncle Sam.
The U.S. Internal Revenue Service is poised to waive potentially massive penalties for Americans who agree to come clean and don’t owe any taxes, The Globe and Mail has learned.
The new rules will be announced within weeks by the IRS, according to David Jacobson, the U.S. Ambassador to Canada, who has been swamped with complaints from anxious Canadians.
I See You
1 day ago
4 comments:
When you first received PR status in Canada did you have to stay in the country for 80% of the time? I can't find where I read this before, so I thought you might know :)
I believe you have to stay in the country every 2 years out of 5 in order to retain permanent residency? I never paid much attention to the details because we never planned on leaving Canada for an extended period of time. Have you checked the CIC website?
http://www.cic.gc.ca/english/newcomers/about-pr.asp
Found it! Just scroll down the page.
Thanks for the link, Erin
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