Non-residents are required to pay taxes in Canada on all Canadian sourced income. However, for non-residents they can skip paying taxes on that income since they no longer live in Canada. To counter that the CRA requires that for all payments that are made to non-residents 25% of the gross amount be withheld and remittedContinue reading “Section 216 return: Rental income earned by a non-resident”
Tag Archives: leaving Canada
Becoming a non-resident of Canada
Whenever people leave Canada to permanently move to another country or take up employment in another country there is a lot of confusion surrounding what needs to be done. Before I get into the tax benefits and implications, I would like to start talking about residency status. To Determine someone’s residency status the CRA looksContinue reading “Becoming a non-resident of Canada”
GTA Tax Help 