Thanks Nelson,
I did not know about Emirgrant process before,
I lived and worked for 4 different Countries so far and never reported my income to the other ones. (Canada is the first one asking for it !!!)
See you after your vacation
Search found 5 matches
- Wed Apr 19, 2006 2:40 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Departure exit tax year
- Replies: 2
- Views: 2733
- Wed Apr 19, 2006 1:17 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Departure exit tax year
- Replies: 2
- Views: 2733
Departure exit tax year
Hello, I am working in US from Nov 2004, and filed my 2004 taxes in Canada, but did not tell CRA that I left Canada. I called CRA yesterday, and they said just send us a letter that you left Canada in 2004 my Question: Does it make any difference to send letter or not? (I forgot to ask CRA the same ...
- Sun Jan 29, 2006 11:58 pm
- Forum: Canada / United States Tax & Accounting
- Topic: what if you don't pay Canada taxes?
- Replies: 3
- Views: 3451
what if you don't pay Canada taxes?
I've red CRA tax penalty 5% on the amount I owe and 1% compound on each month up to 12 month So basically I will be chared around (17-20%) in case I get caught. Is there more penalty? or imprisonment? I want to know what was the highest penalty so far that somebody was charged in the canadaian court...
- Wed Jan 25, 2006 2:50 pm
- Forum: Canada / United States Tax & Accounting
- Topic: tax diff. US/Canada
- Replies: 3
- Views: 3465
- Wed Jan 25, 2006 1:10 pm
- Forum: Canada / United States Tax & Accounting
- Topic: tax diff. US/Canada
- Replies: 3
- Views: 3465
tax diff. US/Canada
Hello, I am doing my taxes for the 1st yr in US (TN1) Please tell me if the senario below is correct? If my income in USD = 50,000 and Paid US tax = 10,000 USD (only income, no ties) It means that I eraned 50,000x1.25= 62.500 CND and paid 12,500 in CND But accoding to CRA, if I earned this much in C...