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Veritas Taxes and advisory inc

US Estate Tax for Canadians: What Changed for 2026

US estate tax for Canadians in 2026: $15 million exemption and $60,000 filing threshold

If you’re a Canadian who owns a Florida condo, a US brokerage account, or shares in an American company, a 2025 law passed in Washington quietly reshaped your exposure to US estate tax for Canadians in 2026 and beyond. The One Big Beautiful Bill Act (OBBBA) made permanent a much larger US estate tax exemption, […]

Canada Departure Tax 2026: Why Leaving is Expensive

In case you’re emigrating from Canada in 2026, the Canada departure tax (also known as an exit tax or deemed disposition) is the most important figure to know before you leave. It doesn’t represent any extra charge applied at the border crossing point. Instead, the tax results from section 128.1(4)(b) of the Income Tax Act […]