I am a non-resident, paid exit tax last year, and this year I am filing under section 217. Do I have to pay capital gains on stocks sold or file a T5008(ETFs)?

There is no withholding tax on capital gains and I already paid the exit tax. I heard I would have to list the capital gains for tax purposes in my new country, but not Canada.

Investors and rental owners

Because there is so much more information required to answer this question and a variety of different details which could make a great difference to the answer, we suggest you contact the Canada Revenue Agency (CRA) to guide you. Please contact the CRA at 1-800-959-8281.

 

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