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🐛 (apophis@brain.worm.pink)'s status on Monday, 06-May-2024 08:15:49 JST🐛 this is the kind of thing having the quote-poster's own comment appear above and before the OP is made for: https://content.techgig.com/career-advice/is-the-canadian-government-planning-to-impose-a-25k-exit-fee/articleshow/109864371.cms
> Despite the post gaining significant traction online, with millions of views across various platforms, there is no truth to this claim. No official Canadian government website mentions any such policy.
> Here's a breakdown of why the claim is demonstrably false:
> 💩 Missing Official Source: No credible Canadian government website, including the Immigration, Refugees and Citizenship Canada (IRCC) website, mentions any exit fee or penalty for leaving the country.
> 💩 Misleading Screenshot: The screenshot circulating online, with a headline stating "Canada Proposes $25K Departure Penalty and Increased Taxes to Curb Emigration Crisis," is entirely fabricated and lacks any official government branding or source.
> 💩 Confusing Information: The second screenshot added by the user, supposedly from the Canadian government website, refers to a policy on retaining property and capital gains tax for emigrants, not an exit fee. This policy, outlined on the Government of Canada website (https://www.canada.ca/), applies only in specific situations where an emigrant sells or retains assets like shares, jewelry, paintings, or collections and needs to address potential capital gains tax implications.
the only real "departure tax" sucks to deal with but it's within a normal range of tax policy and not the subject of boomer chain emails:
https://www.cpacanada.ca/en/news/canada/2021-05-31-departure-tax
> The moment a resident leaves Canada, the CRA deems that they have disposed of certain kinds of property at fair market value and immediately reacquired it at the same price. This is known as a deemed disposition and you may have to report a taxable capital gain that is subject to tax (also known as departure tax).
see also https://www.canada.ca/en/revenue-agency/services/tax/international-non-residents/individuals-leaving-entering-canada-non-residents/leaving-canada-emigrants.html under "departure tax" (the hyperlink anchor doesn't work so you need to scroll manually - this is the real outrage by the canadian government!)
RE: https://stereophonic.space/objects/faeebbf4-24dd-4f6e-bae0-cd2525ad9a6e