Published: February 23, 2022
Last Updated: March 1, 2022
David Rotfleisch, a tax lawyer with Rotfleisch & Samulovitch P.C. in Toronto, shared his thoughts on Canada’s death tax and the process known as deemed dispositions.
“The idea is to try to make it a closed system so you can’t just keep pushing off capital gains (taxes) forever. The only way to avoid this tax is to live forever.”
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Disclaimer:
"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."
