Dates and location

Registration open until
June 15, 2025
Start date
June 18, 2025
End date
June 19, 2025
Location
Virtual

Pricing

$479.00
Member
$479.00
Student
$575.00
Public
$335.00
Personal PD Passport Pricing
ADD TO CART

Hours

Time
1:00 p.m.-5:00 p.m.
PD hour(s)
8 hours
Ethics hour(s) included
0 hours
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Canadian Arrival and Departure: Personal Tax Implications

Seminars

Canadian Arrival and Departure: Personal Tax Implications

Home

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Taxation

›

Canadian Arrival and Departure: Personal Tax Implications

Seminars

Canadian Arrival and Departure: Personal Tax Implications

Dates and location

Registration open until
June 15, 2025
Start date
June 18, 2025
End date
June 19, 2025
Location
Virtual

Pricing

$479.00
Member
$479.00
Student
$575.00
Public
$335.00
Personal PD Passport Pricing
ADD TO CART

Hours

Time
1:00 p.m.-5:00 p.m.
PD hour(s)
8 hours
Ethics hour(s) included
0 hours

Description

This comprehensive course deep dives into tax issues that come into play when someone arrives in Canada or departs Canada for tax purposes. Since there are many US citizens and Green Card holders in Canada, we also touch upon the tax implications in those unique instances such as those for TFSAs, RESPs, FHSAs and foreign tax credits, to name a few. This course will be of interest to tax practitioners as well as non-practitioners who want to obtain an in-depth understanding of the tax implications because of departure from Canada and/or arrival in Canada.

Course Structure:

Modules Areas of Focus
Module 1: Understanding Canadian Tax Residency
  • Overview of Canadian Tax Residency - Factual Residents, Part-Year Residents, Deemed Residents, Non-Residents and Deemed Non-Residents. 

Examples: Various Scenarios
Module 2: Canadian Departure
  • Canadian Part Year Departure
    • Departure taxes,
    • Short term residency rule,
    • Taxability of Canadian source income post-departure – income from employment (including trailing equity income), business, investments etc.,
    • Rental of Canadian real property as a non-resident and its unique rules, including when to file 45(2) change in use election,
    • Sale of Canadian real property and related unique rules – principal residence and rental properties,
    • Underused Housing Tax and other restrictions for “Non-Canadians”,
    • RRSP, TFSA, RESPs – key considerations,
    • Key compliance issues – key forms, reporting issues such as holding incorporated business, HBP Repayment, assessment issues, payroll issues etc.

Examples: Use various examples to comprehensively understand issues
Module 3: Canadian Departure (Continued)
  • Canadian Tax Residents (continuing) 
    • Common scenarios where CRA considers you to be a continuing resident,
    • Key compliance issues – double taxation, incremental taxes and foreign tax credits, cash flow issues, payroll issues, contributions to US retirement plans etc.
    • Special situations – US residents and the use of Canada-US tax treaty to be treated as a non-resident of Canada, employees relocating from Canada etc.
  • Key tax implications for those moving to US or who will be US residents at some point
Module 4: Canadian Arrival
  • Canadian Part Year Arrival
    • Deemed acquisition rule,
    • Taxability of Canadian source income post-arrival – income from employment (including trailing equity income), business, investments etc.
    • TD1 Forms – Federal and Provincial, 
    • Underused Housing Tax and other restrictions for “Non-Canadians”,
    • Filing T1213 for reducing tax deductions at source,
    • Key compliance issues – RRSP, TFSA, RESPs, key forms, reporting issues, assessment issues, double taxation and CRA review process for foreign tax credits, payroll issues, receipt of “foreign” payments after Canadian arrival,
    • Special situations – US citizens and residents, employees relocating to Canada etc.

Examples: Use various examples to comprehensively understand issues
Module 5: Canadian Arrival (Continued)
  • Canadian Deemed Non-Resident
    • Use of Canada-US tax treaty
    • Common scenarios where taxpayers could be considered deemed non-resident,
    • Key compliance issues – line 232 deductions, CRA assessments, payroll issues etc.

Schedule

  • June 18, 2025, 1:00 p.m. - 5:00 p.m.
  • June 19, 2025, 1:00 p.m. - 5:00 p.m.

Key Takeaways

By the end of this course, you will:

  • Have comprehensive understanding of tax issues and considerations for individuals upon arrival in Canada.
  • Have comprehensive understanding of tax issues and considerations for individuals upon departure from Canada.
  • Have comprehensive understanding of specific considerations relating to employees, non-employees, and US citizens.

Who Will Benefit

CPAs and other professionals at all levels, including current and aspiring tax professionals. Those professionals who want to be able to advise their clients on the related tax applications will find this course very valuable.

Prerequisite(s)

A general understanding of tax is encouraged; however, it is not a prerequisite.

How to Access the Course

This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.

Electronic material can be accessed one week prior to the course and should be downloaded in advance.

Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.

Speaker(s)

Babar Khan Image

Babar Khan is an experienced cross-border tax professional with over 14 years of experience in US & Canadian tax compliance and advisory work. He specializes in taxation for Expatriates, Business Travelers, High Net Worth Individuals and Owner-Managed businesses. Babar also teaches at Canada’s Schulich School of Business and CPA Ontario. Babar holds an MSc (Tax) from University of Oxford (UK), an MBA from Schulich School of Business and a BBA from University of Toronto. He is also a dual US and Canadian CPA. Babar also serves on the board of a UK based EdTech company.

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