Donald Trump already floated the idea of removing the practice of citizenship-based taxation, including in 2017 when he was president. (Credit: JEFF KOWALSKY)On the campaign trail, U.S. presidential hopeful Donald Trump has pledged to end “double taxation” of Americans living and working abroad. While details are scarce, it could have implications for the roughly eight million Americans living outside the country, including in Canada. Do American citizens living outside the U.S. pay tax twice on the same income? “(It) was never included in any of the draft legislation when Republicans held all three branches of government,” Reed said.

Source: National Post October 11, 2024 16:59 UTC