canadian lving in DR..need info

In Canada they do not know what you are earning in a bananacountry

If it's the same as the UK you should let the IRS or, whatever they're called in Canada, know that you are no longer resident there and probably will have a form to complete. You never know, you might even get a rebate in Canada!

the answer depends on your personal situation... you would need to check with Canada Revenue or a fiscalist but if you have assets in Canada (such as a house), your worldwide income is taxable... if you have no assets and have signed the proper form with the CR, then you may not be required to file with Canada...but I think there is a minimum period of time that you need to plan to be away (3 yrs?). If not, you file your income tax deduct the taxes already paid in your country of residence and pay the difference (or receive a refund)... You will need to investigate based on your own circumstances...

need to file income tax

Bijoux said:

the answer depends on your personal situation... you would need to check with Canada Revenue or a fiscalist but if you have assets in Canada (such as a house), your worldwide income is taxable... if you have no assets and have signed the proper form with the CR, then you may not be required to file with Canada...but I think there is a minimum period of time that you need to plan to be away (3 yrs?). If not, you file your income tax deduct the taxes already paid in your country of residence and pay the difference (or receive a refund)... You will need to investigate based on your own circumstances...

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As a canadian you need to file income tax annually whether or not you are a resident or a non resident. Even if your income reads 0. You are required to file.

sylindr said:

As a canadian you need to file income tax annually whether or not you are a resident or a non resident. Even if your income reads 0. You are required to file.

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This is the requirement for an American Citizen. Canada is different. Yes if you are a Canadian resident and living there for at least 6 months of the year, you are deemed a Canadian resident, and therefore must claim worldwide income. If you are now claiming to be a Non resident for tax purposes, you will not be required to file income tax yearly, but yes there is a period of about a year to clean up your situation and inform CCRA of your new non residence.
If you plan to visit Canada frequently and stay on medical and keep memberships, assets etc. They may still deem you resident although you are not living there. Its done on a one to one basis if and when you return. But is not based on Nationality like the USA.

canadian

Expat13 said:

This is the requirement for an American Citizen. Canada is different. Yes if you are a Canadian resident and living there for at least 6 months of the year, you are deemed a Canadian resident, and therefore must claim worldwide income. If you are now claiming to be a Non resident for tax purposes, you will not be required to file income tax yearly, but yes there is a period of about a year to clean up your situation and inform CCRA of your new non residence.
If you plan to visit Canada frequently and stay on medical and keep memberships, assets etc. They may still deem you resident although you are not living there. Its done on a one to one basis if and when you return. But is not based on Nationality like the USA.

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I am a candian expat and you need to file taxes regardless or status. either as a resident or non resident. they don't give non residency easily and there is a form you can fill and and get a ruling... but you need to do it often as they can change their mind and not bother informing you.

Here you go!
International and Non-resident Taxes
You've gotta love google!

Do you have to file a return? <!-- InstanceEndEditable --> <!-- CONTENT TITLE ENDS | FIN DU TITRE DU CONTENU -->

<!-- InstanceBeginEditable name="Main content" --> You must file a return for 2009 if any of the following situations apply:

• You have to pay tax for 2009.
• We sent you a request to file a return.
• You and your spouse or common-law partner elected to split pension income for 2009. For more information, see line 115 - Other pensions or superannuation, line 116 - Elected split-pension amount, line 129 - RRSP income and line 210 - Deduction for elected split-pension amount.
• You received Working Income Tax Benefit (WITB) advance payments in 2009, and you want to apply for WITB advance payments for 2010.
• You disposed of capital property in 2009 (for example, if you sold real estate or shares) or you realized a taxable capital gain (for example, if a mutual fund or trust attributed amounts to you, or you are reporting a capital gains reserve you claimed on your 2008 return).
• You have to repay any of your Old Age Security or Employment Insurance benefits. For more information, see line 235 - Social benefits repayment.
• You have not repaid all amounts withdrawn from your registered retirement savings plan (RRSP) under the Home Buyers' Plan or the Lifelong Learning Plan. For more information, see Guide RC4135 - Home Buyers' Plan (HBP) or Guide RC4112 - Lifelong Learning Plan (LLP).
• You have to contribute to the Canada Pension Plan (CPP). This can apply if, for 2009, the total of your net self-employment income and pensionable employment income is more than $3,500. See line 222 - Deduction for CPP or QPP contributions on self-employment and other earnings.

Even if none of these requirements apply, you may still want to file a return if any of the following situations apply:

• You want to claim a refund.
• You want to claim the WITB for 2009.
• You want to apply for the GST/HST credit (including any related provincial credit). For example, you may be eligible if you turn 19 before April 2011.
• You or your spouse or common-law partner want to begin or continue receiving Canada Child Tax Benefit payments.
• You have incurred a non-capital loss (see line 236 - Net Income) in 2009 that you want to be able to apply in other years.
• You want to carry forward or transfer the unused part of your tuition, education, and textbook amounts (see line 323 - Tuition, education and textbook amounts).
• You want to report income for which you could contribute to an RRSP in order to keep your RRSP deduction limit for future years up to date.
• You want to carry forward the unused investment tax credit on expenditures you incurred during the current year (see line 412 - Investment tax credit).
• You receive the Guaranteed Income Supplement or Allowance benefits under the Old Age Security Program. You can usually renew your benefit simply by filing your return by April 30. If you choose not to file a return, you will have to complete a renewal application form. This form is available from the Service Canada website.

http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/flng-blgtns/menu-eng.html

It seems if one meets the above criteria you do not have to file.From what i read on the cra site, you only complete a renewal form if they choose to send you one. I do not see a copy of this form-has anyone filled out a renewal form or know where it can be found.

Not a problem

Santiagoguy said:

Hey I've been living here for about 6 months now and something just occurred to me, and yes, I know, I should have thought of this before, BUT, I need to know, since I am not in Canada, does anyone need to know if I have to let anyone know in the gov. over there of my absence?
I am working here in a call center and am wondering if when I get back am going to be asked to pay any taxes on what I earn here or anything like that, I have NO IDEA on this stuff so any feedback would be great. THANKS!

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Hi, I am presuming that you file your Tax returns as per Canada on a yearly basis..Up to you, but they have no way of knowing what you earn down here. So declare your Canadian Income.. If nada..Then file anyway. Just put down when you return to Canada on the Declaration form the time you have been away or approximate.. Nothing to do with Revenue Canada.... No questions asked at the Airport if you are a Canadian Citizen...As they say on TV.. What happens in Vegas stays in Vegas.. Enjoy the sun.. M.

Santiagoguy said:

Hey I've been living here for about 6 months now and something just occurred to me, and yes, I know, I should have thought of this before, BUT, I need to know, since I am not in Canada, does anyone need to know if I have to let anyone know in the gov. over there of my absence?
I am working here in a call center and am wondering if when I get back am going to be asked to pay any taxes on what I earn here or anything like that, I have NO IDEA on this stuff so any feedback would be great. THANKS!

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Aren't you jumping the gun a little. You've only been here for 6 months. How do you know that you won't want to go back 6 months from now? I wouldn't worry about the gov. at this time. As for your Income Tax report. just do it online.

sylindr said:

I am a candian expat and you need to file taxes regardless or status. either as a resident or non resident. they don't give non residency easily and there is a form you can fill and and get a ruling... but you need to do it often as they can change their mind and not bother informing you.

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I have never heard of this obligatory filing requirement... and am sceptical of the statement.

If the poster wants to leave Canada, he/she should file an "exit Return" w/ RevCan and take the necessary steps to sever all ties w/ Canada (houses, drivers license,etc including the proper exit forms) so that any future Cdn relationships will be arm's length.
You will probably be able to keep a residence for visiting.

Should the poster choose not to formally leave Canada, Canada and the DR have a tax treaty agreement whereby any taxes deducted from either country are recognised in the other one.... ie where ever the taxes are filed, all taxes paid in either country will be allowed as a credit in the country in which you are filing --- whew!

However, as a practical matter.... the Banana Republic post earlier is the easiest route... forget about it! Just pocket the earnings as if you won it at the casino.

Canadian residents (since 1998) are obliged to report their worldwide income just like Americans. The key diffrence is that Americans are taxed on citizenship (the only country in the world to do so) while Canadians are taxed on residency.... leave the country legally and no taxes need to be paid. US ciizens need to renounce their citizenship to avoid Federal taxes.... not just another passport --- no US passport altogether !

Most countries tax their residents solely on the income earned within that country...... income earned outside the country of residence will remain untaxed.
Swiss banks recently capitulated to the US pressure to release the names of US citizens banking there.
Havoc reigned...... the Swiss banks suffered mammoth withdrawals from their numbered accounts from around the world.
(Rumor has it that Baby Doc sat tight )

Not so widely reported, the Swiss courts have chastised their banks for releasing that information deeming it contrary to their secrecy laws.
Too little, too late.... damage to the bank system's credibility already done.

So for those of you of means, now is the time go to Zurich and hammer out out a deal for your numbered account. They're looking for business

Happy Banking

taxes in canada

Santiagoguy said:

my question is, when/if I go back, will I be asked why I havent paid taxes? or how did I make a living overseas? these might seem like dumb questions, but I dont know the answers haha

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the law states you must file income taxes every year regardless of where you are. if you plan on staying here you can apply to be a non resident, there are instrucitons on the cra website.

residency

Canadian residents (since 1998) are obliged to report their worldwide income just like Americans. The key diffrence is that Americans are taxed on citizenship (the only country in the world to do so) while Canadians are taxed on residency.... leave the country legally and no taxes need to be paid. US ciizens need to renounce their citizenship to avoid Federal taxes.... not just another passport --- no US passport altogether !


the key to this statement is LEAVE THE COUNTRY LEGALLY... there is a process to this and as stated it is listed on CRA. If you are SCEPTICAL then go READ THE GOVERNMENT WEBSITE. It is funny to me that AN AMERICAN is stating he is skeptical when he knows not what of he speaks...lol

income tax 2009

To the OP:

since you've only lived in DR for the last 6 month you still have to file for the tax year 2009, most of which you supposedely spent in Canada - do it online - ufile has a decent (and cheap) system. For 2010 you have another year to figure out what will be required.

I beggeth your pardon , kind person.

I am a Cdn citizen currently sitting on the eastern shore of Lake Huron - hence in Canada.

I understand your comments about filing for exit/non-resident status and have done so without problems or repercussion - accomplished in 1995. (Please see reference to 1998 law change)

Presently, I am a Cdn non-resident with permission to legally work and earn in the US but with no obligation to reside there.
The US-Canada border does not exist for me.

I am a resident of the Dominican Republic... with full status - permanent residency, cedula and driver's license.

My post was two-pronged... one being the LEGAL exit and the other being the more casual.

I apologise for misleading you or anyone else.
Re-read my post where I talk about how to exit permanently by filing the correct paperwork.

We won't bore other readers w/ too much of this ..... the main issue here is how to sever the Cdn ties legally - if one so desires.

Americans are loathe to surrender their passports.. personally, I find Cdns loathe to surrender their residency.
Why ? I can't tell you... but I know this

the patriarch of a large Maritime province family emigrated to Bermuda and wrote his will such that no person would inherit one cent were they to allow one cent to be paid in Cdn taxes. Irving was the name.

Similarly, the Bronfmans emigrated and avoided $750,000,000 in Cdn taxes on the way out....... lawsuit pending from some outraged taxpayers out west.

Remember that one?

Exit request denied in the morning, decision reversed in the afternoon by RevCan, family and funds gone by sundown.
Something about political pressure being applied

I took the time to read your CRA - ancient history for me - and was happy to see that i complied.

Please keep me up to date on the Cdn tax system as your time permits.



WW

william webster said:

I have never heard of this obligatory filing requirement... and am sceptical of the statement.

If the poster wants to leave Canada, he/she should file an "exit Return" w/ RevCan and take the necessary steps to sever all ties w/ Canada (houses, drivers license,etc including the proper exit forms) so that any future Cdn relationships will be arm's length.
You will probably be able to keep a residence for visiting.

Be carefull doing that. The burden of proof that you are not a Canadian resident anymore is on you and Revenue Canada will decide... You can be 2 years out of Canada and still be considered Canadian resident for the purpose of taxation.

Should the poster choose not to formally leave Canada, Canada and the DR have a tax treaty agreement whereby any taxes deducted from either country are recognised in the other one.... ie where ever the taxes are filed, all taxes paid in either country will be allowed as a credit in the country in which you are filing --- whew!

However, as a practical matter.... the Banana Republic post earlier is the easiest route... forget about it! Just pocket the earnings as if you won it at the casino.

Canadian residents (since 1998) are obliged to report their worldwide income just like Americans. The key diffrence is that Americans are taxed on citizenship (the only country in the world to do so) while Canadians are taxed on residency

Yes Canadien residents are taxed on their worldwide income.

.... leave the country legally and no taxes need to be paid.

If you are not considered a Canadian resident anymore, you will be taxed in Canada on your Canadian income. As for examples: Dividends from Canadian sources, pension revenues from Canadian sources...... You will be taxed at a flat rate of 25% if it has not changed. The income you will receive outside Canada(from non Canadian sources) won't be taxable in Canada.

Of course there are tax treaty agreements between Canada and other countries. That's another story though.


US ciizens need to renounce their citizenship to avoid Federal taxes.... not just another passport --- no US passport altogether !

Most countries tax their residents solely on the income earned within that country...... income earned outside the country of residence will remain untaxed.
Swiss banks recently capitulated to the US pressure to release the names of US citizens banking there.
Havoc reigned...... the Swiss banks suffered mammoth withdrawals from their numbered accounts from around the world.
(Rumor has it that Baby Doc sat tight )

Not so widely reported, the Swiss courts have chastised their banks for releasing that information deeming it contrary to their secrecy laws.
Too little, too late.... damage to the bank system's credibility already done.

So for those of you of means, now is the time go to Zurich and hammer out out a deal for your numbered account. They're looking for business

Happy Banking

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