Expatriate & Non-Resident Tax Services Expatriate & Non-Resident Tax aliens are generally subject to Canadian income tax only on their Canadian source income. They are subject to two different tax rates, one for effectively linked income and one for fixed or determinable, annual or periodic (FDAP) income. Effective Associated Income (ECI) in Canada is earned by operating a business in the Canada or is a personal service income made in Canada. It is taxed at the same graduated rates for a nonresident as for a Canadian person. FDAP income is passive income such as interest, dividends, rent, or royalties.
We enjoy the excitement of working and living on board, but when it comes to filing taxes with the CRA, Canadian Income Tax Act can be very complicated and any improper claim can result in unexpected penalties.
We can prepare your Canadian non-resident tax return and ensure you receive all of the treaty benefits and deductions available to minimize your Canadian taxes. In some cases, a non-resident tax return can be combined with a resident tax return for a dual status tax return. Your visa can even dictate what type of forms you need to submit.
We can prepare your non-resident Canada tax return, making sure you receive all available treaty benefits and deductions available in order to minimize your Canada taxes. Our team of expatriate tax professionals is experienced to help you navigate the complex world of expatriate and non-resident taxes by properly planning and optimizing your on abroad income.
As a Canadian, if you are planning on earning an income on abroad for a period of time before returning to Canada, you will need to plan ahead to avoid unexpected government tax breaks. Canadian tax laws are complex and changing quickly. Our tax experts abroad have years of experience in planning and filing income taxes with complex scenarios, but they also keep up to date with the latest tax changes.
Xing Professional Corporation providing tax advice to expatriates and non-residents as well as general tax advice to companies and individuals. Our team can help you take care of all of your tax matters by developing the most appropriate tax strategy to
minimize your tax return so you can focus on achieving your business and personal goals.
Contact Us www.expatriatetax.ca (403) 383-2286 eaton@expatriatetax.ca