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International Tax, Cross-Border and Expatriate Tax Expert
for Individuals and Entrepreneurs

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What are some possible tax implications of moving to Canada from the US?

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.

Need More Help? Contact Mohammad