Canada’s departure tax is an exit tax triggered when you cease to be a Canadian resident for tax purposes. The Canada Revenue Agency (CRA) treats most of your worldwide assets as if you sold them at fair market value on your departure date, which can trigger capital gains tax on unrealized gains. It stops you from evading tax responsibility. Totally legal and stops people from essentially committing tax fraud. The fact they can’t understand this is truly not shocking
2026-06-29 21:16:24
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2026-06-29 23:52:52
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