Latest / Tap The Maple | Bakes On Things
Canada’s Most Infuriating Tax Rule | You Would be Arrested For Doing THIS To Them!
Canada’s deemed disposition rules can leave you facing a tax bill on an asset you never actually sold. When Canadians leave the country or die, the tax system can treat certain assets as though they were sold—even when no buyer exists and no sale proceeds have landed in a bank account.
How is that fair?
In this episode of Tap the Maple, Bakes takes aim at the imaginary sale with a very real tax bill. From Canada’s departure tax to the potential impact on family cottages and estates, we expose the power Ottawa has given itself to decide when a taxable transaction has taken place.
And this…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.