*** Transcriber's Note: Please set your voice synthesizer to read most 
punctuation. When you encounter the caret sign at the end of a line, please 
enter the applicable information, if necessary. *** 
 
Canada Revenue Agency 
 
T1243 E (11) 
 
Deemed Disposition of Property by an Emigrant of Canada 
 
Canada Revenue Agency 
 
Last name ^
First name ^
Social insurance number (enter 9-digit number)^
 
Mailing address ^
 
Date of emigration from Canada (Year/Month/Day) ^
 
Complete this form if you ceased to be a resident of Canada in the year and 
you were deemed to have disposed of property when you 
left Canada, excluding properties such as: 
 
(i) Canadian real property, Canadian resource property, and timber resource 
property; 
 
(ii) Canadian business property (including inventory) if the business is 
carried on through a permanent establishment in Canada; 
 
(iii) pensions and similar rights, including registered retirement savings 
plans, registered retirement income funds, registered education savings 
plans, registered disability savings plans, tax-free savings accounts, and 
deferred profit-sharing plans; 
 
(iv) rights to certain benefits under employee profit-sharing plans, employee 
benefit plans, employee trusts, employee life and health trusts, and salary 
deferral arrangements; 
 
(v) certain rights or interest in a trust; 
 
(vi) property you owned when you last became a resident of Canada, or 
property you inherited after you last became a resident of Canada, if you 
were a resident of Canada for 60 months or less during the 10-year period 
before you emigrated; 
 
(vii) employee security options subject to Canadian tax; and 
 
(viii) interests in life insurance policies in Canada (other than segregated 
fund policies). 
 
Note 
If you ceased to be a resident of Canada and you elected to declare the 
deemed disposition of properties listed in (i) or (ii) above, include those 
properties when calculating your deemed dispositions and complete Form 
T2061A, Election by an Emigrant to Report Deemed Dispositions of Property and 
Any Resulting Capital Gain or Loss. 
 
Use the table below to calculate your capital gains (or losses) for the 
properties you were deemed to have disposed of. Indicate (C) for Canadian 
properties or (F) for foreign properties (outside of Canada). Make sure you 
include those capital gains (or losses) on your Schedule 3, Capital Gains (or 
Losses). 
 
Attach a copy of this form, along with your Schedule 3, to your tax return. 
 
Note 
You can elect to defer the payment of tax on income relating to the deemed 
disposition of property by completing Form T1244, Election, Under Subsection 
220(4.5) of the Income Tax Act, to Defer the Payment of Tax on Income 
Relating to the Deemed Disposition of Property. 
 
*** Transcriber's Note: In print, the following table has the possibility of 
10 entry lines. Enter as many lines as necessary. *** 
 
Number of shares (if applicable) ^
Description of property (address or location for buildings or land) ^
Canadian (C) or foreign (F) ^
(1) Year of acquisition ^
(2) Fair market value on the date you emigrated ^
(3) Adjusted cost base ^
(4) Gain (or loss) column 2 minus column 3 ^
 
Privacy Act, Personal Information Bank number CRA PPU 005