Serbinski Accounting Firms

Thanks for clarifying this for me. Basically, regardless of the sell/exercise outcome i have to report it in Cdn tax return, and not when money is transfered to a Cdn account. Correct? Would i have to report that in US tax return as well after not being there for full year (assuming i keep using US ...

That's exactly my situation. I've landed in '05 but didn't move permanently yet...moving soon.
A quick question on your stmnt below:
[quote="nelsona"]All your investments are 'sold and bought' on the date you arrive in Canada (for Cdn tax purposes only), so you might want to trigger any cap losses ...

[quote]I have no idea what your question about when it is "safe" to transfer your money ...
Again, what other strange notions do you have about the banking/financial/taxation sytsem of canada?[/quote]

Well, the question about "safety" was really about the following scenario(maybe i'm overthinking ...

[quote="nelsona"]I don't know of any civilized country in the world where simply putting money in an account would be a 'taxable event.' Just what kind of system do you think we run up there?!

Open an account, write yourself a check from your US one and deposit it in your new Cdn one. There may be ...

Hi,

I'm Cnd landed immigrant since Nov2005 and moving to Canada this fall (permanently) after being last 6 yrs in the US on H1B. I'm wondering what is the best way of transfering my funds from US account to Canada upon my arrival? If i open a bank account and write myself a check from US account ...