Common Cross Border Tax Surprises

This week, Brent and Rachel sit down with Shiraz Ahmed to talk about common cross border tax issues that may arise for Americans moving to Canada, and Canadians moving to the U.S. They discuss passive foreign investment companies, retirement accounts, and more. They also highlight how a basic estate plan in one country may be treated entirely different in the other. Shiraz is a Financial Advisor and Founder of the Sartorial Wealth team of Raymond James Ltd. He specializes in coordinating the financial care for clients. Shiraz works with specialists inside the firm as well as the clients’ attorneys and accountants to consolidate their finances into one coherent financial plan. He also specializes in family services. Shiraz holds a Chartered Investment Management (CIM) designation and is among an elite group of advisors fully licensed in Canada and the US and registered with both IIROC and FINRA. Shiraz’s bio and contact information are available at https://www.sartorialwealth.com/our-team/bio?_=shiraz.ahmed.