• LeFantome@programming.dev
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    1 day ago

    Imagine leaving triggers a taxation event where they try to grab what they can. But even the US cannot tax non-resident, non-citizens. I mean, until the next unlawful Executive Order I guess.

    In Canada, taxation is based on residency. But if you leave, there is a “final return” that includes a “departure tax” that treats property as sold to collect on the “gains” (even if you did not sell anything).

    I believe the US has a similar exit tax but I am not as familiar with it.