Tax Tips for Non-Residents with Canadian Rental Income
For non-residents, investing in real estate within Canada is a highly profitable venture. But the major setback is that they earn rental income in Canada, which comes with huge tax obligations that must be carefully managed to avoid penalties and maximize returns. Weat Tax Return Filers Ltd. help non-resident property owners effectively navigate Canadian tax […]
Tax Tips for United Nations (UN) Staff in Canada
Here at Tax Return Filers Ltd, we are aware that tax can be a tricky thing, especially when it comes to Canadians who are employed by international institutions such as the United Nations (UN). As a UN employee or contractor your obligation to file taxes in Canada depends on whether you are considered a resident of […]
Steps to Becoming a Non-Resident From Fort McMurray
Whether Canada has a tax treaty with the country you’re moving to will impact your actions significantly. Follow these steps based on treaty and non-treaty considerations: Step 1: Determine if Canada Has a Tax Treaty with the Destination Country Understand Your Residency Status: Moving to a country with a tax treaty may mean CRA uses […]
How to Become a Non-Resident of Canada from Mississauga: A Guide by Tax Return Filers Ltd.
Becoming a non-resident of Canada offers valuable personal and financial benefits, making it an increasingly popular choice for Canadians each year. The 2024 Federal Budget, which introduced tax hikes for high-net-worth individuals, has heightened interest in non-residency. Canadians across the country like Brampton, Mississauga, Toronto, Edmonton, Calgary, Fort McMurry, Vancouver, Halifax, and Montreal are looking to […]
What Happens If Non-Residents Don’t File Taxes in Canada?
If you’re a non-resident of Canada and receive income from Canadian sources, such as rental income or proceeds from selling a property, you have tax obligations to meet. Failing to file your tax return as a non-resident can result in penalties, interest charges, and the risk of paying more tax than necessary. In this blog, […]
Non-Resident Tax Filing Canada: When to File a Section 216?
Non-Resident Tax Filing Canada: When to File a Section 216? Tax Return Filers July 25, 2023 Uncategorized If you are a non-resident Canadian living in the Middle East (UAE, Qatar, Saudi Arabia) or any other country (e.g., USA, UK), and you receive rental income from real or immovable property in Canada, it is important to […]
Streamline Your Non-Resident Income Tax Filing in Canada with Tax Return Filers
Streamline Your Non-Resident Income Tax Filing in Canada with Tax Return Filers Tax Return Filers July 12, 2023 Uncategorized Introduction: As a non-resident of Canada, navigating the intricacies of selling a property can be a complex process. From withholding taxes to obtaining a certificate of compliance, it’s crucial to understand the requirements to ensure a […]