← Cross-Border Tax Planning
Immigration & Emigration Tax
Arriving in or departing from Canada triggers significant tax issues — from the determination of tax residency to the management and reporting of worldwide assets. We guide our clients through every step to optimize their situation and ensure full compliance.
Immigration to Canada
- Analysis and determination of the date Canadian tax residency is established
- Pre-immigration planning for foreign assets
- Assessment of the tax consequences upon entry (step-up in cost base, etc.)
- Identification of reporting obligations from the first year of residency
Emigration from Canada
- Analysis of tax residency status and determination of the departure date
- Application of deemed disposition rules (exit tax)
- Tax planning for assets in light of applicable international tax conventions
- Management of post-departure tax and reporting obligations
Proactive, personalized planning helps minimize tax risks and maximize the benefits available when changing residency status.
Have a tax situation to work through?
Book a consultation with Akira Kamio, CPA auditor, LL.M. (Taxation), specialist in Canadian and international income tax.