I'm German Canadian dual citizen relocating back to Germany after 9 years in Canada. I had to fill the T1135 for my time here. Will relocate in Feb 21 and give notice to CRA.
Questions:
#1 I need to pay Canada Departure Tax in 2022, right?
#2 In the T1135 was my Berlin Condo. For that I'll need a professional valuation for the deemed disposition, right? Does anyone know what kind of valuation is acceptable for the CRA? I can only get sworn valuation professionals for German tax purposes in Germany.
#3 In the T1135 as well some investment funds not taxable in Germany. What kind of valuation do I need for these?
Thanks any answers!
Questions:
#1 I need to pay Canada Departure Tax in 2022, right?
#2 In the T1135 was my Berlin Condo. For that I'll need a professional valuation for the deemed disposition, right? Does anyone know what kind of valuation is acceptable for the CRA? I can only get sworn valuation professionals for German tax purposes in Germany.
#3 In the T1135 as well some investment funds not taxable in Germany. What kind of valuation do I need for these?
Thanks any answers!