Taxes for US Citizens Living In Canada Watch Video
Allan Madan, CPA, CA
Before we go ahead with the rest of the article, here’s a little introduction. Read More…
Disclaimer
The information provided on this page is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided on this page.
ABOUT THE AUTHOR
ALLAN MADAN
CPA, CA
Allan Madan is a CPA, CA and the founder of Madan Chartered Accountant Professional Corporation. Allan provides valuable tax planning, accounting and income tax preparation services in the Greater Toronto Area.
I am thinking about taking a Job in Canada. The Company I will work for I think is a US Company. What will be the persent of Taxes I will have to pay to Canada working 182 day in Canada.
Hi Kelly,
Since you will be in Canada for less than 183 days in the year, you will not be a deemed resident of Canada. As a non resident of Canada, you only have to pay Canadian income taxes on income earned in Canada.
Note: Non residents pay the tax at the same tax rates as residents of Canada. The big difference between the two is that non residents do not receive the regular tax credits available to residents, unless the non resident’s Canadian income is 90% or more of his/her total worldwide income.
For an estimate of taxes payable, please use this online calculator http://www.ey.com/CA/en/Services/Tax/Tax-Calculators
Thanks,
Allan Madan, CPA, CA
Tel: 905-268-0150