U.S. Securities and Other “U.S. Situs Property” – U.S. Estate Tax Issues for Canadian Residents Who are Not U.S. Citizens or Residents
Margaret O'Sullivan
January 7, 2013
Many Canadians own shares of U.S. publicly traded corporations and other U.S. securities which they may not know can expose them to significant U.S. estate tax on their death and require their executors to file a U.S. estate tax return and pay any U.S. estate tax due. Pursuant to the