Cross-Border Tax · Departure Planning
Moving to the US? Plan the tax before the truck.
The year you leave Canada is the most consequential tax year you will ever file — the CRA deems most property sold the day you go. Planned early, the bill shrinks; planned late, it doesn’t.
- Departure tax calculated before you commit to a date
- T1243, T1161, and the deferral election handled
- US arrival planned so your cost basis starts right
01
Map the exposure
What gets deemed sold, what’s exempt, what it costs.
02
Sequence the year
Dates, sales, elections, and both countries’ filings.
03
Land clean
Departure return filed; US side starts right.
"Partnering with AnalytIQ has been a game changer for our business. Their bookkeeping services keep us organized and their tax advisory gives us confidence we're on the right track."
Varinder G · Maple auto body
Quick answers.
How much is departure tax?
Your marginal rate on the gains deemed realized when you leave. Registered accounts and Canadian real estate are exempt — the calculation is worth doing before you choose a date.
Can the tax be deferred?
Yes — an election lets you defer payment until property is actually sold, with security for larger amounts.
Do you handle the US side too?
Yes — the arrival year is planned together with the departure year.