Things to know when leaving Canada

If someone is leaving Canada, he/she is deemed to be an emigrant of Canada for tax purposes. See more things to know when leaving Canada.

Tax requirements for non-residents of Canada earning rental income

Non-residents of Canada who earn certain types of Canadian source income may be taxed on this income in Canada. Those that earn income from rental properties are taxed on this income in a very specific manner. Some of basic steps to know tax requirements for non-residents of Canada earning rental income from Care: Once the […]

With the new year here, you now have additional TFSA contribution room

With the calendar turning to 2017, every adult will be allowed to contribute an additional $5,500 to their tax-free savings account. That means another $5,500 can be invested and the gains will never be taxed. So with the new year here, you have now additional TFSA contribution room. If you have been an adult since […]