International Tax

Canadians who are assessed as tax resident is liable to pay Canadian tax on their worldwide income, subject to various tax treaties.  A clear understanding of your status is crucial.  

Often the best piece of advice to a new immigrant is to consult your accountant well before you land in Canada.  This can save you a substantial amount of tax, and is especially true for new Canadian immigrating from a judication where Capital Gain tax does not exist.

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Choosing which family member to hold properties can have a significant impact on the amount of tax liabilities

After leaving Canada, one can still be subject to Canadian tax if he continues to be assessed as a Canadian tax resident,  particularly for those who are leaving family members behind in the country.   

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When it comes to oversea properties, international tax treaties play an important role, and it is a complex area that often  requires the input from an experienced accountant.

Your tax liability does not end at your death. Unfortunately, tax authority can still send your estate's executor a final tax bill.  Although Canada does not has wealth tax,  any accrued capital gain from your properties you own at death will become subject to tax.