tag:blogger.com,1999:blog-7276564.post2007422290718320015..comments2022-05-18T02:12:48.661-07:00Comments on U.S. Income Tax for Expatriates, Nonresidents & US International Tax Matters: Will Canada Revenue Agency Help the IRS Collect the Penalties for Various Unfiled Foreign Reporting Forms?Don D. Nelsonhttp://www.blogger.com/profile/13763998516524589975noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7276564.post-43741023394401467922011-09-09T00:20:39.328-07:002011-09-09T00:20:39.328-07:00I really liked your blog...its really nice to read...I really liked your blog...its really nice to read something so informative and smart...great job...thanks for sharingJackson Moorehttp://www.filelate.com/noreply@blogger.comtag:blogger.com,1999:blog-7276564.post-22227902094267310632011-08-28T14:01:21.824-07:002011-08-28T14:01:21.824-07:00The IRS is acquiring lists of US Citizens and gree...The IRS is acquiring lists of US Citizens and green card holders living in Canada with bank accounts, financial accounts, Canadian corporations, trusts, etc. They can get this information from the CRA under the tax treaty and from private banks, stock brokers ,etc under the new US FATCA law. Any US Citizen who has not filed can be liable for the penalties. The laws have been around for many years, but the IRS started enforcing them in 2009.Don D. Nelsonhttps://www.blogger.com/profile/13763998516524589975noreply@blogger.comtag:blogger.com,1999:blog-7276564.post-79543557952069605162011-08-28T10:37:00.818-07:002011-08-28T10:37:00.818-07:00My accountant told me that CRA will be exchanging ...My accountant told me that CRA will be exchanging information about US citizens living in Canada to help the IRS track down those who have not filed. True?<br />I'm a US citizen who has been a Landed Immigrant of Canada since 1974; am I lible for these huge penalties?<br /> I just found out about having to file with the US in Jul, 2011. I've always filed with Canada;how long has this law existed?Anonymousnoreply@blogger.com