Birdwatch Archive

Birdwatch Note Rating

2024-05-05 22:50:02 UTC - HELPFUL

Rated by Participant: 6C93AF11DDF082371C880B86CB9BF3604016FAD5B276BD88C8C0DCC81747DDB5
Participant Details

Original Note:

Canada’s departure tax assumes people dispose of their assets (with some exceptions) at fair market value on the date they cease Canadian tax residency. Half of any net gains resulting from the deemed disposition are included in income and taxed at normal marginal rates. https://www.bdo.global/en-gb/insights/tax/expatriate-tax/canada-departure-tax-and-reporting-requirements-when-you-leave-canada

All Note Details

Original Tweet

All Information

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  • agree - 0
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  • helpfulnessLevel - HELPFUL
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