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Deemed Dispositions: You are deemed to have disposed of certain assets at their fair market value at the time of your departure and to have reacquired them for the same amount right after.
Principal Residence: If you are not planning on renting out your former principal residence on a long- term basis once you leave Canada, you should consider selling it on or about the time of your departure, preferably before entering the U.S. The gain on your principal residence is not taxed in Canada.
Non-resident Tax Withholding: If you will continue to receive income from Canadian sources, the payers are required to withhold non-resident tax at a rate of 25%. This withholding tax satisfies your tax liability to Canada, and no income tax return will be required. The Canada-U.S. tax treaty allows a reduced rate of withholding on certain types of income.
For more information you may wish to read our article entitled Emigrating From Canada