WYCPA provides professional tax and accounting guidance for individuals dealing with Departure Tax Canada and the tax implications of leaving Canada. When an individual becomes a non-resident for Canadian income tax purposes, certain assets may be subject to a deemed disposition at fair market value, potentially resulting in capital gains and departure tax.

Our team helps clients understand Canadian tax residency, deemed dispositions, capital gains, reporting requirements, and applicable CRA forms associated with emigrating from Canada. We can also provide guidance on tax planning and available options for managing departure tax obligations, including situations where payment may be deferred.