Serbinski Accounting Firms

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

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 ...

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 ...

I had few ties (wife and children) in Canada till end of June 2005. When I said I have no tie, I ment no ties right now, sorry if I was not clear.

You still did not tell me that my simplified way of tax diffrence calculation is correct? (approximatly)

Thanks for your reply

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 ...