No one wants to be taxed twice; that’s why there is a tax treaty between the US and Canada to avoid double taxation. The US has agreements with several countries to align tax laws and resolve the issue of double taxation. In addition, there are a couple of other methods, like Foreign Income Exclusion and Foreign Tax Credits, that also enable citizens of the US and Canada to avoid doub... https://ermaweb201.blogspot.com/2024/02/table-of-contents-transferring-money.html