Income Tax for Canadian Non-Residents

It is important to determine a Canadian emigrant?s residency status, because Canadian residents are taxed on their world income.  If a Canadian is intending to emigrate to a foreign country for an indeterminate period of time, he or she may want to consider a non-resident status for tax reasons.   A Canadian is deemed to be a resident unless he/she severs all ties in accordance to the rules laid out by the Canadian Revenue Agency.   It is important to consult an Accountant to make sure Read more