Maple Sandbox is a place for sharing, learning and growing.
We encourage others to bring their own creative nuggets of information here for Show and Tell.
I will do the first Show and Tell by sharing information about the maple tree, the maple leaf and Canada.
A maple tree is calm, but strong and sturdy. She provides shade from the glaring sun, breaks the force of strong winds, cleans the atmosphere, produces oxygen to support life and offers nesting to birds, squirrels, raccoons and even spiders without prejudice. Continue reading Show and Tell
Monthly Archives: August 2012
Acronyms and Definitions
Acronyms and Definitions
AARO: Association of Americans Resident Overseas
ACA: American Citizens Abroad: “The voice of Americans Overseas”.
CBA: Canadian Bankers Association: business association for banks, providing centralized contact between the government and banks. Continue reading Acronyms and Definitions
One Couple's Experience
We moved to Canada from the United States in 1968 and received what was then called Landed Immigrant Status. My wife was with me and I was a draft dodger.
It became obvious to us after only a couple of years that we wanted to stay in Canada so we looked into getting Canadian citizenship. At that time there was a mandatory five year waiting period before you could apply so we just continued to gather information. We were told that becoming a Canadian citizen would, by US law, mean we lost out US citizenship and we were told that at the citizenship ceremony we would be required to sign a renunciation of our US citizenship. Continue reading One Couple's Experience
FAQ
What is a US person and who must file income taxes and financial account reports?
htp://www.irs.gov/businesses/small/international/article/0,,id=96395,00.html
What accounts have to be reported on for FBAR?
“If you have a financial interest in or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust, or other type of foreign financial account, the Bank Secrecy Act may require you to report the account yearly to the Internal Revenue Service by filing Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR).”
http://www.irs.gov/businesses/small/article/0,,id=148849,00.html Continue reading FAQ
Wanna Play?
If you’d like to play in the Maple Sandbox with us, check back again soon. We’re still building our sand castle and getting our toys out to play.