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Disposition of Taxable Canadian Property Form

Disposition of Taxable Canadian Property Form

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Instructions and help about t2062

I paid over $500,000 Canadian dollars in exit taxes to escape the country today I'm going to break down exactly why I had to pay that much in tax what the Canadian exit tax actually is and help you understand how much you might have to pay in your situation the worst part is if I had waited just a few months more I would have had to pay almost $750,000 Canadian dollars because of the new rules the government is imposing this video is not designed to scare you but I'm warning you it probably will Canada is making it harder and harder to escape and this eggs attack is one of the reasons a lot of people are getting out as soon as they can with that said let's dive into it and let me break down the Canadian exit tax and how much you might have to pay if you want to get out so let's get into it by understanding the deemed disposition now this is the official term which really means eggit attacks now the deemed disposition you can think of like an unrealized c

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