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.
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.
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-Residents Earning Income from Canadian Rental Property
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.
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.
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
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
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.
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.
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-Residents
If you are a Canadian working for the United Nations, you may generally be exempt from taxation on any income earned from the UN. Depending on if you are a resident or non-resident of Canada, your tax filing obligations may differ. Want to learn more on UN employee tax exemption? Then this article is for … Continue reading Are UN Employees Tax Exempt?
Tax Implications for Employees To understand the taxpayer’s responsibilities we must first determine their residency for tax purposes. In other words, will the employee remain a tax resident of Canada or will they become a resident of the US? To answer this question, we must consult the tax treaty between Canada and the US. Normally, … Continue reading Tax implications for Canadian employees working abroad
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