This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.
Moderator: Mark T Serbinski CA CPA
Pathologic1
Posts: 7 Joined: Wed Aug 31, 2011 5:48 pm
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by Pathologic1 Wed Aug 31, 2011 6:04 pm
Unless your net worth is over 2 million renouncing is painless. I am headed that direction myself.
THE best place to get all the real answers to your questions about it are at
http://renunciationguide.com/Site-Overview.html
this is a great site with no commercial leanings at all
jenfin
Posts: 52 Joined: Sat Mar 12, 2011 5:18 pmLocation: Canada
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by jenfin Thu Sep 01, 2011 7:41 pm
Is there any exemption re: the RRSP? Somewhere I heard about a $600,000 exemption re: gains but maybe that excludes RRSP gains.