Wealth Signal
Edition · Edition 047 / Transferable to you · Item 06

Changing where you live to change what you owe

Does not transfer — and today’s log is why

Canada taxes on residency, and ceasing to be a resident triggers a deemed disposition of most property at fair market value. That is a departure tax, not an exit. But the more useful lesson from the Persson item is structural rather than Canadian: eligibility dates are set in the past. By the time a rule is famous enough to react to, the date that determines whether it applies to you has usually already gone. Structure is built in advance or not at all.

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