If I pay taxes in another country, is there any relief on my tax burden in Canada?
Allan Madan, CA
Depending on the tax treaty between Canada and the country you paid taxes to, you can claim certain Foreign Tax Credits (FTC’s) to help minimize your tax burden.
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
CA.CPA.CGA
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.
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