I moved to FL about 15 years ago. Will be moving to Calgary in a couple of months for a new job. Both my wife and I are Cndn citizens and also US citizens. We plan on keeping our house in Fl for now, since we'll be hammered on real estate - besides, we love the house and our neighbors and neighborhood. I plan on renting an apt or house in Calg for now, since real estate in Calgary is as crazy as Fl was a couple of years ago.
I understand there is a tax treaty between the US and Canada, so I plan on paying my Canadian taxes and if I have to top up to the IRS or get a small refund, then whatever - I'm not really concerned about the taxes - don't get me going about the US healthcare though :-)
Suggestions/thoughts on what I need to do re: any tax implications BEFORE moving back to Canada? Thank you.
:?:
Tax considerations moving from the US back to Canada?
Moderator: Ron Liberman
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