Bifalgorithm post
Not everything gets hit when departure tax on? Stock and bonds, mutual funds and ATS, crypto, foreign real estate, CCC shares, private company shares that means investment accounts, the trap people assume RSV gets hit. They don't, but your brokerage account full of stocks. Absolutely. What could be the strategy? Mix out your RSVs before you leave Canada. Shelter gains from departure tax and deduct contribution on your final tax return. Know your tax exemption before you go.
Not everything gets hit when departure tax on? Stock and bonds, mutual funds and ATS, crypto, foreign real estate, CCC shares, private company shares that mean…
Ideas in this flowchart
- Departure Tax Considerations
- Assets Affected by Departure Tax
- Assets Not Affected
- Stocks and Bonds
- Mutual Funds and ATS
- Crypto
- Foreign Real Estate
- CCC Shares
- Private Company Shares
- Investment Accounts
- RSVs
- Strategy to Mitigate Departure Tax
- Maximize RSVs Before Leaving
- Shelter Gains from Departure Tax
- Deduct Contribution on Final Tax Return
- Know Tax Exemption