Departing Canada from a tax perspective

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  • Опубліковано 11 лип 2024
  • Have you been thinking about departing from Canada but are unsure of the tax consequences for doing so? If so, this video is for you!
    In this episode of the #QuarantineBroadcast we spoke with the Director of Canadian Tax Advisory for Moodys Tax, Kenneth Keung.
    Kenneth has built an increasingly successful professional career advising local and multinational enterprises and high net worth individuals with an upfront, transparent, and responsive approach. He is an active author, speaker and instructor for professional tax courses across Canada, including the CPA Canada’s In-Depth Tax Program.
    In this video we will cover;
    0:28 What does residency for tax purposes mean? Is it the same as citizenship or PR Status?
    1:29 What are the ties to Canada that can make you a Canadian resident for tax purposes?
    4:45 Can someone own property in Canada and live abroad? What does that mean from a tax perspective?
    6:04 Once you are no longer a Canadian resident for tax purposes, what if any are your Canadian tax requirements going forward?
    7:51 Bonus question
    #crossborder #taxes #investing #emmigrationtotheus #movingtocanada #movingtotheus #crossborderinvesting #canadaandusborder #movingacrosstheborder #leavingcanada #movingtotheus #movingsouthoftheborder #livingintheus #livinginthestates #taxrules #departingCanada

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