Search found 7 matches

by woofington
Thu Jul 03, 2014 1:15 pm
Forum: Canada / United States Tax & Accounting
Topic: 3250/A TFSA - type of entity of EIN application
Replies: 0
Views: 1808

3250/A TFSA - type of entity of EIN application

Hi When applying for an EIN for use with 3250/A what is the type of the entity (part 9a of the SS-4 form) ? One of the choices provided on the form for the type of entity is "Trust". However in the instructions for the SS-4 form the other types of entity are described but not the trust type!
by woofington
Tue Apr 23, 2013 3:57 pm
Forum: Canada / United States Tax & Accounting
Topic: Split ownership and residency status and Cdn property sale
Replies: 2
Views: 2188

Typo: " if it were soley owned by there" should be " if it were soley owned by her"
by woofington
Tue Apr 23, 2013 3:56 pm
Forum: Canada / United States Tax & Accounting
Topic: Split ownership and residency status and Cdn property sale
Replies: 2
Views: 2188

Split ownership and residency status and Cdn property sale

A hypothetical question: If I am a Canadian tax non resident, yet my wife is a Canadian tax resident and we jointly own a Canadian property that is sold. If the property were solely owned by me then it would be liable for withholding tax, if it were soley owned by there then it wouldn't be. So what ...
by woofington
Tue Apr 23, 2013 3:47 pm
Forum: Canada / United States Tax & Accounting
Topic: Does Cdn bank account interest could as Cdn income for NR?
Replies: 1
Views: 1801

Does Cdn bank account interest could as Cdn income for NR?

Hello I'm a Cdn tax non resident and have had no Canadian income with the exception of bank interest earned on checking/savings accounts with Canadian banks. (Moved from Canada to the US a couple of years ago). Does this count as income and therefore I have to file a Canadian tax return just to decl...
by woofington
Mon Apr 15, 2013 11:05 am
Forum: Canada / United States Tax & Accounting
Topic: What is my Canadian tax residency status?
Replies: 7
Views: 5104

Thank you for the clarification.

I have just recently sold a property in Canada, if I am a non resident then I presume it will be subject to withholding tax?

However there was no profit on the sale, so no applicable taxes?
by woofington
Mon Apr 15, 2013 10:31 am
Forum: Canada / United States Tax & Accounting
Topic: What is my Canadian tax residency status?
Replies: 7
Views: 5104

I thought you could only be deemed a non resident if Canadian ties were also shown to severed, I continued to own property (through it generated no income) and have some Canadian bank accounts still.
by woofington
Sun Apr 14, 2013 8:05 pm
Forum: Canada / United States Tax & Accounting
Topic: What is my Canadian tax residency status?
Replies: 7
Views: 5104

What is my Canadian tax residency status?

've read the CRA material on residency versus non residency and several threads but find it confusing and not been able to find any clear, concise, understandable definition of these and their application. I left Canada to work in the US in 2011 and have only spent a handful of days in Canada since....