
Carol A. Fitzsimmons
Practices & Industries
Admissions
- New York
- U.S. Tax Court
Education
Nazareth College, B.A., magna cum laude
University at Buffalo School of Law, J.D., cum laude
Carol practices in a wide range of domestic and international tax areas, including guiding Canadian and other non-U.S. clients on U.S. tax matters. She regularly counsels clients on U.S. tax and corporate issues related to business operations, mergers and acquisitions, and sales; U.S. tax issues in domestic and foreign private and public offerings; U.S. tax considerations related to investments in U.S. real estate; “inversion” structures; hybrid entity arrangements; business expansion into the United States from foreign jurisdictions; advantageous business structures for U.S. tax and estate planning purposes; U.S. tax consequences of relinquishment or renunciation of U.S. citizenship or lawful permanent resident ("green card") status; and U.S. tax issues affecting U.S. taxpayers resident abroad, including compliance with U.S. tax requirements, issues under the Foreign Account Tax Compliance Act (FATCA), and the U.S. anti-deferral tax regimes such as the controlled foreign corporation (CFC) and passive foreign investment company (PFIC) rules. She also advises clients on cross-border estate planning matters.
Carol’s clients include public and privately held businesses, business owners and investors, high-net-worth individuals and executives of multinational corporations. Carol is a frequent speaker on U.S. tax law, especially in the cross-border context and as it affects businesses and individuals in Canada and internationally.
Carol is a member of the Board of Directors of Hodgson Russ.
Carol exclusively practices U.S. law and is admitted to practice in New York.
Honors
- Listed, Best Lawyers in America (Tax Law) 2014 - 2024
In the News
Press Releases
- August 17, 2023
- Hodgson Russ Press Release, August 19, 2022
- Hodgson Russ Press Release, August 19, 2021
- Hodgson Russ Press Release, August 20, 2020
- Hodgson Russ Press Release, August 20, 2019
- Press Release, August 15, 2018
- Press Release, August 15, 2017
- Hodgson Russ Press Release, August 18, 2016
- Press Release, August 17, 2015
Publications
- Hodgson Russ Cannabis & Hemp Alert, October 19, 2022
- Hodgson Russ Cannabis and Hemp Alert , July 7, 2022
- Hodgson Russ Cannabis & Hemp Alert, February 2, 2022
- Hodgson Russ Cannabis & Hemp and Labor & Employment Alert, November 4, 2021
- Hodgson Russ Cannabis & Hemp Alert, October 26, 2021
- Hodgson Russ Cannabis & Hemp Alert, September 2, 2021
- Hodgson Russ Hemp & Medical Cannabis Alert, May 25, 2021
- Hodgson Russ Hemp and Medical Cannabis Alert, March 29, 2021
- Hodgson Russ Hemp and Medical Cannabis Alert, March 23, 2021
- Hodgson Russ Federal-International Tax Alert, March 18, 2021
- Hodgson Russ Hemp and Medical Cannabis Alert, February 24, 2021
- Hodgson Russ Hemp & Medical Cannabis and Agriculture Alert, February 10, 2021
- Hodgson Russ Hemp and Medical Cannabis Alert, February 8, 2021
- Hodgson Russ Hemp & Medical Cannabis Alert, January 27, 2021
- Hodgson Russ Hemp & Medical Cannabis and Agriculture Alert, January 22, 2021
- Hodgson Russ Hemp & Medical Cannabis Alert, January 7, 2021
- Hodgson Russ Federal-International Tax Alert, December 28, 2020
- Hodgson Russ Federal-International Tax Alert, December 28, 2020
- Hodgson Russ Federal-International Tax Alert, November 19, 2020
- Hodgson Russ Federal-International Tax Alert, November 19, 2020
- Hodgson Russ Trusts & Estates Alert, November 11, 2020
- Hodgson Russ Hemp & Medical Cannabis Alert, August 26, 2020
- Hodgson Russ Trusts & Estates Alert, July 21, 2020
- Hodgson Russ Federal-International Tax Alert, May 5, 2020
- Hodgson Russ Federal-International Tax Alert, May 1, 2020
- Hodgson Russ International Tax Alert, April 22, 2020
- Hodgson Russ Federal-International Tax Alert, April 14, 2020
- Hodgson Russ Federal-International Tax Alert, April 10, 2020
- Hodgson Russ Trusts & Estates Alert, April 8, 2020
- Hemp & Medical Cannabis Alert, April 6, 2020
- Hodgson Russ Federal-International Tax Alert , March 27, 2020
- Hodgson Russ Federal-International Tax Alert , March 26, 2020
- Hodgson Russ Trusts & Estates Alert , March 25, 2020
- Hodgson Russ Tax and Labor & Employment Alert, March 24, 2020
- Hodgson Russ Federal-International Tax Alert, March 19, 2020
- Hemp & Medical Cannabis Alert, January 28, 2020
- Hodgson Russ Trusts & Estates Alert, January 14, 2020
- Hodgson Russ Trusts & Estates Alert, January 2, 2020
- Hodgson Russ Trusts & Estates Alert, December 27, 2019
- Hemp & Medical Cannabis Alert, December 16, 2019
- Hodgson Russ Trusts & Estates Alert, November 18, 2019
- Interim guidance adds some certainty to an evolving industry, including relief from strict criminal limitsHemp & Medical Cannabis Alert, November 4, 2019
- Hemp & Medical Cannabis Alert, October 4, 2019
- Hodgson Russ Federal and International Tax Alert, September 9, 2019
- Hemp & Medical Cannabis Alert, August 23, 2019
- Hemp & Medical Cannabis Alert, July 10, 2019
- Canadian Tax Foundation, April 25, 2018
- Estates and Trusts Alert, December 27, 2017
- Canadian Tax Highlights, June 25, 2017
- Estate Planning Alert, August 18, 2016
- Canadian Tax Highlights, May 2016
- STEP Connection, Toronto Branch Newsletter, April 2016
- Canadian Tax Highlights, June 2015
- Canadian Tax Highlights, June 1, 2015
- Canadian Tax Highlights, November 1, 2014
- Canada-U.S. Tax Traps and MismatchesSTEP Inside, October 2014
- Hodgson Russ Alert, February 7, 2014
- Cross-Border Life Insurance PlanningCALU Report, November 2013
- Federal/International Tax Alert, January 4, 2013
- Canadian Tax Highlights, November 1, 2012
- Federal/International Tax Alert, September 5, 2012
- Cross-Border Life Insurance PlanningEstates, Trusts and Pensions Journal , May 2012
- Federal/International Tax Alert, March 6, 2012
- Federal/International Tax Alert, January 12, 2012
- Federal/International Tax Alert, December 13, 2011
- Federal/International Tax Alert, October 8, 2010
- Federal/International Tax Alert, August 23, 2010
- U.S. Laws Sunset: 2011Canadian Tax Highlights, July 2010
- Estates & Trusts Alert, February 3, 2010
- Canadian Real Estate, December 2009
- U.S. Crackdown on Offshore Tax AbuseCanadian Tax Highlights, June 2009
- International/Cross-Border Alert, March 16, 2009
- U.S. Inversion ConcernsCanadian Tax Highlights, November 2008
- International Tax Alert, June 19, 2008
- United States Estate TaxDeath of a Taxpayer, 9th Edition, 2008
- Canadian Tax Highlights, September 1, 2007
Presentations & Events
- March 2023
- November 19, 2020
- Senior Estates and Trusts Practitioners' ForumCambridge, ON, October 14-16, 2018
- Metro Toronto Convention Centre, May 28-29, 2018
- Estate Planning and TrustsTechnical Seminar and Live Webcast1250 Rene-Levesque West, Montreal, QC, Canada, April 4, 2018
- Canadian Tax Foundation, Estate Planning and TrustsMontreal, QC, April 4, 2018
- Society of Trust and Estate Practitioners, US UpdateOttawa, ON, October 25, 2017
- Society of Trust and Estate Practitioners ForumOctober 1, 2016
- Society of Trust and Estate Practitioners National SeminarJune 1, 2016
- Canadian Tax Foundation, Ontario Tax ConferenceOctober 2015
- 17th National Society of Trust and Estate Planners ConferenceToronto, ON, June 18, 2015
- Society of Trust and Estate Practitioners, Topical Canadian and US Tax Issues on Trusts and EstatesMay 2015
- Update on U.S. Tax PlanningOttawa, ON, January 14, 2015
- Society of Trust and Estate Planners – Ottawa Chapter Seminar: U.S. Tax Update and Planning for U.S. Tax Traps and MismatchesOttawa, ON, January 14, 2015
- Senior Estates and Trusts Forum: Top 10 Cross Border Issues – What We are SeeingCambridge, ON, October 21, 2014
- Society of Trust and Estate Practitioners Chapter Vancouver: U.S. Cross Border Update – Practical Advice and What You Need to Know NowVancouver, BC, September 18, 2014
- Cross-Border Planning: Tax Traps and MismatchesToronto, ON, June 17, 2014
- Society of Trust and Estate Practitioners National Conference: Cross-Border Planning: Tax Traps and MismatchesToronto, ON, June 17, 2014
- The Law Society of Upper Canada, The Six Minute Estates Lawyer: Planning for Children with Cross-Border IssuesToronto, ON, April 29, 2014
- Tax and Compliance Concerns for U.S. Citizens Living AbroadOttawa, ON, January 22, 2014
- Society of Trust and Estate Practitioners Ottawa Chapter: Tax and Compliance Concerns for U.S. Citizens Living AbroadOttawa, ON, January 2014
- U.S. Family Members – Impact on Canadian Corporate and Trust StructuresVancouver, BC, November 21, 2013
- Montreal, QC, March 14, 2013
- Calgary, AB, November 13, 2012