Nelsona, Thank you very much for your prompt response - this is exactly the info I was looking for.
Cheers,
Search found 2 matches
- Sun Jan 10, 2010 12:38 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Capital Gains moving from USA to Canada
- Replies: 2
- Views: 2182
- Sat Jan 09, 2010 12:49 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Capital Gains moving from USA to Canada
- Replies: 2
- Views: 2182
Capital Gains moving from USA to Canada
Hi, Is there a way to avoid paying capital gains when moving from USA to Canada? My understanding is that the US taxes residents when they live in the US. So if one moves to Canada before the end of the fiscal year and then sell stocks to realize a capital gain - the US will not require to pay taxes...