Andrew Scheer is renouncing his U.S. citizenship. Here's what Americans living in Canada should know - 2019-10-28

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F132.png Andrew Scheer is renouncing his U.S. citizenship. Here's what Americans living in Canada should know October 28, 2019, David Altro, Globe and Mail

Conservative Party Leader Andrew Scheer came under fire during the recent election for being a dual citizen of Canada and the United States. According to a report in The Globe and Mail, Mr. Scheer's father is a U.S. citizen by birth, and obtained citizenship for his children.

Unlike some Canadians who were unaware of their U.S. citizenship, Mr. Scheer is no accidental American. As required by U.S. tax law, he has reported his income and filed U.S. tax returns. He also says he has submitted his renunciation paperwork and is waiting for confirmation that he is no longer a U.S. citizen.

As Mr. Scheer likely knows, the expatriation process takes time. Any dual citizens looking to follow in his shoes should know that there are ways to avoid paying extra tax upon renunciation of U.S. citizenship.

Wikipedia cite:
{{cite news | first = David | last = Altro | author2 = Matt Altro; Alessandro Tortis | title = Andrew Scheer is renouncing his U.S. citizenship. Here's what Americans living in Canada should know | url = https://www.theglobeandmail.com/investing/personal-finance/taxes/article-andrew-scheer-is-renouncing-his-us-citizenship-heres-what/ | work = Globe and Mail | date = October 28, 2019 | accessdate = October 29, 2019 }}