Search found 2 matches

by safgas
Wed May 14, 2025 2:40 pm
Forum: Canada / United States Tax & Accounting
Topic: Departure tax deferred collateral
Replies: 1
Views: 254

Departure tax deferred collateral

I am an individual, (not a business) with a large departure tax bill. I am working on deferring it while living in the US. My most basic question: Does anyone know which Canadian bank will write a letter of security for CRA and the approximate cost. Ideally, we would like to work with a Canadian Ban...
by safgas
Wed May 08, 2024 2:45 pm
Forum: Canada / United States Tax & Accounting
Topic: Managing cap gains tax liability cross border
Replies: 4
Views: 2737

Managing cap gains tax liability cross border

Dual citizen US/Canada / 64 years old Married – husband lives in Washington state Have been working in Canada for 9 years (Arrived Feb 2015) and plan to leave for WA next week. $450k USD capital gains on taxable US Vanguard Mutual Fund over 9 years in Canada 2024 potential capital gains tax $120k CA...