Good Morning, I recently moved from Canada to the US for some businesses purposes. What is the tax implication that I need to know for this process?
Since there are a lot of details here, the answer depends upon the case-by-case financial data you have. However, here is some of the advice if you’re moving from US to Canada:
1 – Report and gather your data regarding capital gains and dividends
2 – Make sure all of your financial data goes through a legal process and you’re transparent
3 – Immediately get help from a professional CPA who deals in cross-border taxation.