BlackRock Asset Management Canada will now offer Passive Foreign Investment Company statements for certain iShares funds.
Help clients evaluate real estate trends, and prepare for cross-border filing.
Manulife Investments will give U.S. tax-paying investors the information to make the Qualified Electing Fund election on their U.S. tax returns.
The head of the IRS says more than half the people who will phone the tax agency next year may not get the help they’re looking for.
A new study looks at the burden of taxes on NHL players.
Beware these tax challenges
For some clients, vacations can turn into financial nightmares. People may fall ill overseas, think they’re covered by their travel insurance, but then discover their claims have been denied. Trouble is, most people neither read nor understand the fine print in the exclusions and limitations section of their policies, and don’t realize they won’t be covered in certain situations.
Ensure clients are prepared to file new T1135.
Since 2009, Swiss banks have been under the microscope of U.S. regulators.