This Episode collectively offer a comprehensive comparison of the Canadian and U.S. tax systems, focusing heavily on the complex situation of cross-border workers and expatriates. The primary theme is that while Canadian income tax rates (federal plus provincial) are generally higher than U.S. rates, an American expat in Canada often owes zero U.S. tax due to mechanisms like the Foreign Tax Credit and the Foreign Earned Income Exclusion, which prevent double taxation. The texts outline key structural differences, such as the U.S. system being based on citizenship (requiring citizens abroad to file annually) versus Canada’s system based on residency, and warn of significant penalties for not filing required foreign account reports ...