Cross-Border Tax & Financial Planner at Cardinal Point Sees Rise in Activity: Kris Rossignoli Discusses Capital Gains Changes in The Globe and Mail
In a recent Globe and Mail feature, Kris Rossignoli, cross-border tax and financial planner, sheds light on a growing trend among Canadians considering non-residency due to proposed changes in the capital gains tax. The article highlights how these potential tax adjustments are prompting Canadians to rethink their residency status for tax purposes.
Rossignoli emphasizes the complexity of becoming a non-resident in Canada, pointing out that it involves more than just tax considerations. Financial, immigration, and long-term planning are crucial elements that must be addressed comprehensively. As Canadians explore these drastic measures, Rossignoli advises that such decisions should not be taken lightly and require the guidance of a skilled team of professionals.
This decision can have profound implications on one’s financial health and legal status, making thorough planning essential. Rossignoli’s insights stress the importance of professional advice to navigate the intricate processes and regulations of changing one’s tax residency.
Reading the full article in the Globe and Mail can provide valuable perspectives and guidance for those considering this significant move or simply seeking to understand the implications of the proposed tax changes.
To learn more on this vital topic, access the full Globe and Mail article here.
Kris Rossignoli
Cross-Border Tax & Financial Planner