Tax Implications of Leaving Canada Permanently

Becoming a non-resident of Canada can offer a range of personal and financial benefits. Each year, an increasing number of Canadians opt for non-residency, particularly in light of the recent 2024 Federal Budget, which introduced tax increases for high-net-worth individuals. This has prompted even more Canadians to explore the possibility of relocating abroad.

Purchasing Foreign Real Estate and FAPI Taxes

The escalating housing market in Canada is compelling investors to explore real estate opportunities beyond their borders, such as in the US, Europe, and Asia. These investors often acquire foreign properties through intermediary entities known as foreign corporations. This preference stems from the liability protection and simplified compliance with local laws and regulations such corporations … Continue reading Purchasing Foreign Real Estate and FAPI Taxes

International Tax Accountant in Toronto

I am an international tax accountant in Toronto. I help my clients with tax compliance, foreign reporting, withholding tax and inbound and outbound tax planning.

Tax Tips for Canadians Working Abroad

If you are a Canadian who is working either permanently or temporarily abroad, there are many tax implications that you need to be aware of.  Tax implications are important things to consider for Canadian citizens who are working outside of Canada.

How to Save Tax For A Non-Resident Investing in Canada

If you are a non-resident investing in the Canadian real estate market, here are the top 5 tax tips that will help you save tax and avoid trouble from the Canada Revenue Agency.

Tax implications for non-resident earning rental income

The Canadian real estate market has been a lucrative investment opportunity for foreign investors due to Canada’s relatively stable economy. If you are a non-resident or a foreign investor looking to enter the Canadian real estate market, this article is for you! The article will help you understand your tax obligations, provide strategies to reduce … Continue reading Tax implications for non-resident earning rental income

Tax Tips for Newcomers to Canada

Are you a newcomer or know someone who is? Read this blog to learn more about Canadian taxes and the deductions and credits that are available to you.

Tax Implications for Canadians Doing Business in China

The Chinese market represents a huge opportunity for Canadian businesses looking to expand and increase their sales. With that said, in this short video I will summarize the tax implications for Canadians doing business in China.

New tax rules for non-residents working in Canada explained

Are you a non-resident of Canada with a temporary job assignment in Canada?  If yes, then read this article to learn about your Canadian tax obligations.  The Canadian Federal Government has recently enforce new tax rules.

Canadians Working Abroad and Non-Residents – Tax Repercussions

As part of our ongoing efforts to better engage and provide value to our clients, we regularly conduct informational tax webinars. Our webinar on September 3, 2015 focused on tax implications for Canadian non-residents and those who work abroad. Situation 2: Some of the topics covered in this webinar includes: Residency analysis and determination factors … Continue reading Canadians Working Abroad and Non-Residents – Tax Repercussions

Canadian Departure tax Rules

Who has to pay Departure Tax? Departure tax is levied by the Canada Revenue Agency (CRA) on individuals leaving Canada and severing their ties with Canada, either due to employment, business or any other reason. When do I have to file my departure tax return? Departure tax returns are regular returns that are due on … Continue reading Canadian Departure tax Rules

Employee Benefits in a Tax Free Country

If you temporarily relocate abroad for work, you may be entitled to numerous employee benefits. Some of these benefits include costs related to living and transportation.

Filing for a “Regulation 105 Waiver”

If you are a non-resident rendering services in Canada, you will be subjected to a 15% withholding tax. By filing the ‘Regulation 105 Waiver’ you can reduce and or eliminate this.

Non-resident taxation on RRSP and RIF withdrawals outlined.

Today’s blog will focus on non-resident taxation on RRSP and RIF withdrawals, and the ways that these taxes can be reduced.

Property management tips for non-resident owners

Our homes are our biggest investments – their ongoing protection and maintenance are crucial for long-term value. what happens if you’ve relocated unexpectedly? or if you own an investment property from afar? who will take care of the property in your absence? In these instances, it’s important to secure a property management team capable of … Continue reading Property management tips for non-resident owners

Pin It on Pinterest