Int'l Taxes For Dummies

[Alicia karr]

Huh?!

 

[khairyexpat]

For CRA Income Tax purposes:
Resident = more than 182 days/year in Canada + Canadian residential ties.
CRA Obligation = World Income.
Non-Resident = Less than 183 days/year in Canada + no Canadian residential ties.
CRA Obligation = ONLY Canadian earned Income.
Deemed Resident1 = Less than 183 days/year in Canada + Working for the government abroad + Canadian residential ties.
Deemed Resident2 = More than 182 days/year in Canada + NO residential ties to Canada or any other country.
CRA Obligation = World Income.
Deemed Non-Resident1 = Less than 183 days/year in Canada + Working for the government abroad + no Canadian residential ties.
Deemed Non-Resident2 = More than 182 days/year in Canada + NO residential ties to Canada + residential ties to another country.
CRA Obligation = ONLY Canadian earned Income.

Examples:
Deemed Non-Resident = Member of the Canadian Military with all his family and children abroad and no Canadian residential ties.
Deemed Resident = Same Member of the Canadian Military but his family and children go to school in Canada.

For CRA Assets Tax purposes:
Another day !