Departure Tax Return Filing Service in Mississauga

Leaving Canada permanently triggers immediate tax obligations on your worldwide assets. Our departure tax return filing service Mississauga handles deemed disposition calculations, prepares forms T1161, T1243, and T1244, and submits your final Canadian tax return to CRA. Expert Chartered Accountants review your holdings, identify exemptions, and develop strategies that minimize your departure tax burden before you transition to non-resident status.

Get Free Consultation

CRA compliant process. Trusted nationwide.

Tax Return Filers LTD Delivers Strategic Tax Solutions in Mississauga

Clients trust our proven approach. Each financial situation receives a custom tax strategy supported by deep expertise and attention to detail. Our 100% five star ratings across verified reviews reflect consistent client satisfaction and on time filings.

Trusted by 1,000+ Canadians

CPA

CPA Certified

QuickBooks

Certified Partner

Why Hire a Departure Tax Accountant in Mississauga?

Canadians leaving the country permanently choose our tax professionals for Departure Tax Returns in Mississauga that protect their assets and minimize tax liability. CRA treats your departure as a deemed sale of most assets at fair market value, creating immediate capital gains obligations that require expert handling.

Our Chartered Professional Accountants identify exemptions that reduce your tax burden and analyze your investments, real estate, retirement accounts, and business interests. We prepare all required forms accurately, meet CRA deadlines, and ensure your final return reflects every available deduction.

Clients leaving Canada gain confidence knowing their tax matters are handled properly. We coordinate timing of your departure, advise on asset restructuring, and provide ongoing support for any CRA inquiries after your move.

Solutions for Non-Residents

Specialized tax services for individuals with Canadian income, property, or cross-border obligations.

Real Estate Tax

Capital gains and HST rebates

Cross Border Taxes

Canada-US filings and treaty claims

Non-Resident Tax Filing

Part XIII and Section 216 elections

Departure Tax Return

Deemed disposition and T1161 filings

Certificate of Compliance

T2062 clearance for property sales

Complete Departure Tax Services in Mississauga

Canadians with complex holdings need specialized support when filing departure taxes. We work with clients holding investment portfolios, private corporation shares, stock options, foreign assets, and Canadian rental properties to ensure accurate reporting across all asset categories.

Our Chartered Professional Accountants determine fair market value for each holding on your departure date. We apply principal residence exemptions, calculate adjusted cost bases, and identify treaty provisions that reduce your Canadian tax liability.

Clients receive a complete departure tax package ready for CRA submission. This includes your final T1 return, all required schedules, and supporting documentation that substantiates every valuation and calculation we prepare.

Moving Out Of Canada Tax Filing Service in Mississauga

Relocating abroad permanently requires careful tax planning before you leave Canadian soil. Our accounting firm in Mississauga delivers complete moving out of Canada tax filing services that address every CRA requirement for departing residents.

Emigrating from Canada triggers deemed disposition rules on most assets you own. Our Chartered Professional Accountants determine your departure date, identify taxable properties, and calculate capital gains on investments, rental properties, and business holdings. We claim all eligible deductions on your final return and apply exemptions that reduce your overall tax burden.

Our emigration tax services include preparation of Form T1161 for asset reporting, Form T1243 for departure tax deferral elections, and Form NR73 for residency status determination. We advise on RRSP withdrawals, TFSA treatment, and ongoing Canadian income sources that require future filings.

Why Choose Tax Return Filers Ltd ?

Our team combines advanced academic credentials with decades of practical experience to deliver exceptional tax solutions tailored to your needs.

CRA-Compliant Experts

Our team includes CPA, ACCA, PhD-qualified professionals with specializations in cross-border, corporate, and personal taxation.

CRA Audit Defense

Successfully handled numerous CRA audits with expertise in Foreign Tax Credits, Section 216/116, and complex tax matters.

Strategic Tax Planning

We don’t just file returns, we develop proactive strategies to minimize your tax burden and maximize your financial outcomes.

Trusted Nationwide

With offices in the Greater Toronto Area and Calgary, we provide expert tax services to clients across Canada confidently.

Our Mississauga Office

Our CPA firm is located in Mississauga and serves clients across the Greater Toronto Area. We provide in-person meetings at our office and virtual consultations.

Address

4 Robert Speck Pkwy #1553, Mississauga, ON L4Z 1S1, Canada

Phone

+1 647 483 1727

support@taxreturnfilers.com

Get Directions

Customers Reviews

Meet Our Tax Professionals

Our team includes Chartered Professional Accountant and licensed CPA with years of hands-on experience. We track every tax law change to provide accurate guidance for individuals and businesses.

Waqar Naqvi, Ph.D., MFin, CFA

Tax Consultant

Narinder Singh, CPA, CGA

Head of Tax Planning, Corporate Structuring, and Corporate Taxes (T2)

Umar Khan, ACCA

Head of Bookkeeping US & Canada, Payroll, and HST

Got Any Questions?

Departure tax is a tax on unrealized capital gains when you leave Canada permanently. CRA treats most of your assets as sold at fair market value on your departure date, creating an immediate tax liability on any gains.

Any Canadian resident who emigrates and owns assets with unrealized capital gains pays departure tax. This applies to individuals holding investments, rental properties, private corporation shares, and other taxable Canadian property.

CRA calculates deemed disposition by subtracting your adjusted cost base from the fair market value of each asset on your departure date. The resulting capital gain is taxed at your marginal rate.

Certain assets qualify for exemptions including principal residences, registered accounts like RRSPs and TFSAs, and Canadian real property. You also defer departure tax by posting security with CRA. Our residency change tax service Mississauga team reviews your holdings and identifies every legal strategy to reduce your tax burden.

Your final Canadian tax return is due by April 30 of the year following your departure. If you owe departure tax, payment is also due by this deadline unless you elect to defer by posting security.

Yes. CRA allows departure tax deferral when you post acceptable security covering the tax owing. Form T1244 allows deferral on employee stock options. Our departure tax near Mississauga services prepare deferral elections and handle security arrangements with CRA.

Form T1161 lists all properties you owned when you left Canada with a total value exceeding $25,000. CRA requires this form with your final return to verify your departure tax calculations.

Your RRSP remains intact after departure but future withdrawals face 25% non-resident withholding tax. You cannot contribute after becoming a non-resident. Our residency change tax service Mississauga team advises on withdrawal timing and strategies to minimize tax on your registered accounts.

Returning residents may recover some departure tax paid through an adjustment to the adjusted cost base of their assets. Our Chartered Professional Accountants review your situation and file necessary amendments to recover overpaid taxes.

Book a Free Meeting with Our Tax Experts

Take the first step toward better tax planning with a free consultation. Our team is ready to review your situation and provide clear guidance. Book a time slot directly on our calendar and we will connect with you shortly.