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January 3, 2024
Question

I am a non-resident, paid exit tax last year, and this year I am filing under section 217. Do I have to pay capital gains on stocks sold or file a T5008(ETFs)?

  • January 3, 2024
  • 1 reply
  • 0 views
There is no withholding tax on capital gains and I already paid the exit tax. I heard I would have to list the capital gains for tax purposes in my new country, but not Canada.

    1 reply

    January 3, 2024

    Because there is so much more information required to answer this question and a variety of different details which could make a great difference to the answer, we suggest you contact the Canada Revenue Agency (CRA) to guide you. Please contact the CRA at 1-800-959-8281.

     

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