View Single Post
Old 04-03-2015, 10:02 AM  
Iron Fist
Too lazy to set a custom title
 
Join Date: Dec 2006
Posts: 23,400
Quote:
Originally Posted by EliteWebmaster View Post
Yes, they tax you even if you leave the country as long as you hold the citizenship.
you might want to check that.

Taxation for Canadians travelling, living or working outside Canada - Travel.gc.ca

Generally, when you leave Canada to live in another country (emigrate), you become a non‑resident of Canada for income tax purposes. For more information about the tax rules that apply for the year you become an emigrant from Canada, see Individuals ? Leaving or entering Canada and non-residents

You are a non-resident of Canada for income tax purposes if you:

normally or routinely live in another country and are not considered a resident of Canada
do not have significant residential ties to Canada, and
live outside Canada throughout the tax year, or
stay in Canada for less than 183 days in the tax year
Non-residents of Canada are required to pay taxes only on certain income from Canadian sources.

For more information, see Individuals ? Leaving or entering Canada and non-residentsYou will find information about certain income tax requirements that may affect you.
__________________
i like waffles
Iron Fist is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote