Search found 2 matches

by procavia
Fri Oct 25, 2024 1:53 pm
Forum: Canada / United States Tax & Accounting
Topic: CA -> US Move: Deemed Disposition Taxes & Full Year Residency
Replies: 5
Views: 3379

Re: CA -> US Move: Deemed Disposition Taxes & Full Year Residency

Section 4.02 says: the rules in this section 4.02 apply to a Canadian emigrant’s property that was subject to Canadian departure tax under Canada’s deemed disposition rules but with respect to which a disposition immediately before the individual’s change of residence would not have been subject to ...
by procavia
Fri Oct 25, 2024 12:42 pm
Forum: Canada / United States Tax & Accounting
Topic: CA -> US Move: Deemed Disposition Taxes & Full Year Residency
Replies: 5
Views: 3379

CA -> US Move: Deemed Disposition Taxes & Full Year Residency

Hi all, I expect to move from Canada to the US next year. I have a non-registered account with capital gains. In my moving year, I expect to have zero income for the Canadian part, and relatively high income for the American part. I understand that normally when moving I would be considered a part-y...