(Given how many people in Ontario now come from other jurisdictions, lawyers should be asking about
assets on a worldwide basis.)
Not exact matches
The US Estate Tax that Canadians might face is
based on two factors: (1) The total value of their U.S. located property and (2) The proportion of their U.S.
assets compared to their
worldwide assets.
1 Source: ProShares is the largest provider of geared (leveraged and inverse) ETFs according to Lipper,
based on a
worldwide analysis of all know providers of funds in these categories; the analysis covered ETFs and ETNs by
assets and number of funds (as of 12/31/2015).
@Daniel: Unfortunately, the exemption for non US residents is the
based on the ratio of US in situ to
worldwide assets.
US Estate Tax may or may not be an issue for an investor because US Estate Taxes are effectively charged
based on the ratio of US in situ
assets to
worldwide assets of an estate.
Represents various clients developing biologic therapeutics (both antibody -
based and cellular), with particular focus
on counseling with respect to freedom to operate while also securing strong protection,
worldwide, for
assets, including those whose major uses are likely to be in combination and / or in specialized patient populations.
This was
based on the contention that its
worldwide freezing order and its judgments against Mr Ablyazov were located here and had been reduced in value by the alleged conduct in relation to
assets in other jurisdictions.