• U.S. Tax Threat Targets Canadian Retirees — CARP Calls for Federal Action

    The One Big Beautiful Bill, recently passed by a narrow vote in the U.S. House of Representatives, now heads to the Senate where it could become law as early as July 4th. Buried within its 1,100 pages is Section 899, a retaliatory tax measure that would override key provisions of the Canada-U.S. tax treaty. It was crafted in response to Canada’s Digital Services Tax (DST), and if passed, it would impose escalating withholding taxes on Canadians who hold U.S. securities—jeopardizing r

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