Yes, if you're a U.S. person, a U.S. citizen, who happens to be a Canadian citizen as well, you are then captured by the U.S. tax law. That is correct.
On May 14th, 2014. See this statement in context.
On May 14th, 2014. See this statement in context.
Acting Vice-President, Policy and Operations, Canadian Bankers Association
Yes, if you're a U.S. person, a U.S. citizen, who happens to be a Canadian citizen as well, you are then captured by the U.S. tax law. That is correct.
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