Friday, July 30, 2010

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IRS Offers Guidance to Emigrating Canadians Who Elect to Pay U.S. Income Tax on Gains

March 9, 2010 in Daily Tax Report · Leave a Comment 

The Internal Revenue Service March 8 offered guidance in Revenue Procedure 2010-19 for individuals who emigrate from Canada and want to make an election for U.S. federal income tax purposes relating to gains, under Article XIII of the treaty between…

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