Revenue Canada VS the IRS
From time to time Canadians have discussed the possibility of the IRS making a money grab for their income if they overstay their allotted time in the USA without filing the required tax form to prevent this. Has anyone on this Forum actually had this happen to them?
I would like to report a Revenue Canada money grab that happened to me. I own some shares of stock in an American energy company. It was purchased by a Canadian company. The Canadian company set up an American subsidiary. I had to surrender my old stock in order to receive stock in the new company. Before receiving my new stock I had to fill out some simple Revenue Canada forms. Revenue Canada then collected tax on the dividends I received from the American subsidiary company.
I would like to report a Revenue Canada money grab that happened to me. I own some shares of stock in an American energy company. It was purchased by a Canadian company. The Canadian company set up an American subsidiary. I had to surrender my old stock in order to receive stock in the new company. Before receiving my new stock I had to fill out some simple Revenue Canada forms. Revenue Canada then collected tax on the dividends I received from the American subsidiary company.
