us estate tax for canadians
Canada: Trump's Overhaul Of US Estate Tax â What Does It Mean For Canadians? Given the lack of details beyond the above statement, it is natural for people to wonder what this proposal really means and how the changes will impact them, particularly for Canadians. As a reminder, US estate tax, which Trump calls the death tax, is a federal estate tax that applies at a rate of 40% on individual estates over $5.49million or $10.98million for married couples. The US estate tax affects Canadians who are dual US citizens and even Canadians who own US situs property, which includes both real property and US-based securities (whether registered or not).