Tax Implications of Leaving Canada | Non-Resident Status & Departure Tax Explained (Part 1)

[@Restecpa]

When will you release part 2?

[@good2go4]

Apparently the law for 66% capital gains tax never passed and so the rate is still 50% for above 250k right?

[@allanmadan9959]

The CRA is applying the capital gains tax changes even though the law was not passed. I don't agree with this position. Unfortunately, gains above $250,00 will be subject to a 67% inclusion rate.

[@good2go4]

@allanmadan9959 that's weird. Even chat GPT say it's not done yet...