Search found 3 matches

by emcampbe
Tue Jul 22, 2014 11:30 am
Forum: Canada / United States Tax & Accounting
Topic: Capital Gains - Double Taxed after leaving Canada
Replies: 8
Views: 5341

[quote="nelsona"]Exactly. Deemed dispositions are NOT recognized by IRS. Except that the treaty was changed to accomodate thios for the very problem you are having. The rev proc I mentionned outlines how to do this perfectly. You paid your taxes in Canada for the period you were resident t...
by emcampbe
Tue Jul 22, 2014 7:16 am
Forum: Canada / United States Tax & Accounting
Topic: Capital Gains - Double Taxed after leaving Canada
Replies: 8
Views: 5341

Thanks for all the replies and help. Just to clear up some information, I did not actually sell anything in 2011 (when I left Canada) - however, as part of Canadian tax law, was made to pay capital gains tax as if I had. I did not sell anything until the CY 2012. I did not have anything noted as car...
by emcampbe
Thu Jul 17, 2014 12:06 pm
Forum: Canada / United States Tax & Accounting
Topic: Capital Gains - Double Taxed after leaving Canada
Replies: 8
Views: 5341

Capital Gains - Double Taxed after leaving Canada

I'm new here - and have been trying to deal with a topic for a long time now but can't seem to get a straight answer, so hoping those on the board here might be able to point me in the right direction. I am a dual Canadian and American citizen, and was living in Canada. Starting in 2008, I began to ...