taxes under TN status in US

Would filing a 1040NR instead help? Because then you're claiming explicitly to be a non-resident of the US.

It would help, but, why penalize yourself. there are very few people using CCPC so I would not generalize advice based on that narrow scenario.

Most people want to end their Cdn tax responsibilities, and deemed dispo tax is not as onerous as one might think, as otherwise the tax would be oed later and in US as well.

It would help, but, why penalize yourself. there are very few people using CCPC so I would not generalize advice based on that narrow scenario.

Most people want to end their Cdn tax responsibilities, and deemed dispo tax is not as onerous as one might think, as otherwise the tax would be oed later and in US as well.

I don't think CCPCs are that unusual actually, especially in Alberta because of the oil & gas industry. There are various reasons why it makes sense to separate yourself from an employer and have limited liability.

But anyway, if you have a business, CCPC or not you can be exposed to a significant capital gains hit on the assets of it which is what departure tax is. That was the point I was making.

If it is not CCPC, you comapny is simply TCP, and are not immediately liable for departure tax.

But you are liable for it. You can pro-rate if you come back.

Well you are always liable for tax on income.

I meant departure tax (I think, I've lost track). If you leave then you pay departure tax (if you're liable) and you can pro-rate it if you come back to the years that you left.

You can defer departure tax, and have it forgiven if you return.