When the Trump administration announced a tax overhaul in the U.S., it enacted a new “repatriation tax” which was aimed at bringing back corporate money from offshore havens. But that same tax reform is hitting some Americans living in Canada with crippling tax bills. Chris Gandhu, High Net Worth Planner at TD Wealth spoke to Kim Parlee about this problem that is affecting some U.S. expats.
Trump Tax Trouble for Americans Abroad: New Repatriation Tax Rules
May 31, 2018