Canada: FATCA deal with the USA getting challenged in court

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Dual citizens launch legal challenge on Canada-U.S. tax deal The Globe & Mail (J Wingrove)

“A pair of Canadian dual citizens have launched a legal challenge against a federal law that allows their banking information to be shared with American authorities.

The lawsuit, filed Monday in Federal court against Justice Minister and Attorney General Peter MacKay, amounts largely to a Charter challenge against the Canadian government’s implementation of the United States Foreign Account Tax Compliance Act, or FATCA, which is designed to collect taxes from Americans living abroad.”

Canadian government faces constitutional challenge over FATCA deal The Financial Post (D Hasselback and B Shecter)

Robert Robillard, CPA, CGA, MBA, M.Sc. Econ.
Senior Partner, DRTP Consulting Inc.
514-742-8086; robertrobillard “at” drtp.ca
www.drtp.ca

DRTP Consulting Inc. solutions go beyond transfer pricing and international tax solutions. This blog post originally appeared at rbrt.ca. The information in this blog post is general information only. Data and information come from sources believed to be reliable but complete accuracy cannot be guaranteed. DRTP Consulting Inc. or the author are not responsible or liable for any error, omission or inaccuracy in such information. Readers should seek advice and counsel from DRTP Consulting Inc. as required.