Canada's Exit Tax Explained

Описание: 00:00 - Introduction
02:49 - Exit Tax Basics
07:03 - Exemptions
08:34 - Why the Tax Exists
09:55 - How High the Rates Reach
12:06 - Impact on Corporations
16:02 - The LCGE
16:39 - Deferring Payment
17:20 - Other Considerations
18:02 - USA Exit Tax
19:42 - Conclusion

A post about Canada's exit tax went viral on X recently - today, we clear up some misinformation and clarify how the tax actually works.

DISCLAIMER:
This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer). Richard makes no warranties regarding the accuracy of data included in this video.