@sonyadolguinacpa: Two common cross-border tax issues people need to understand: 1) Tax treaties are not universal shields against double taxation. There are many situations that can result in negative tax outcomes and double taxation even if there’s a treaty between two countries. This is why get good tax planning advice from qualified professionals is so important. 2) If you report foreign income to the CRA and claim a foreign tax credit, the CRA is almost guaranteed to review or audit the claim. And there are a host of complications that can arise during these reviews. #taxplanning #movingtocanada #cpa #financialliteracy #tax @Nicole Madaisky | CPA