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by Solen
Thu Mar 28, 2019 9:43 pm
Forum: Canada / United States Tax & Accounting
Topic: Deferred Tax Payment of Income from Deemed Disposition
Replies: 18
Views: 8400

Re: Deferred Tax Payment of Income from Deemed Disposition

Just a follow up question (or 2) regarding this issue: The Form T1244 says that if you are electing to defer the payment of tax due to deemed disposition on leaving Canada, and the amount of federal tax owing is more than $16,500 then you have to provide "adequate security" to cover the am...