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Could you explain? I live in Germany but, as far as I know, am still required to file taxes in Canada every year.
by cluoma 9y ago
Could you explain? I live in Germany but, as far as I know, am still required to file taxes in Canada every year.
- eloff 9y agoIf you're non-resident in Canada, you only have to pay tax in Canada on Canadian-source income. Unfortunately, yes that includes a pension. To be non-resident you have to spend at least half the year outside the country and have no residential ties to Canada like property, dependents, bank accounts, health insurance, etc. See: http://www.cra-arc.gc.ca/tx/nnrsdnts/ndvdls/nnrs-eng.html http://www.cra-arc.gc.ca/tx/nnrsdnts/ndvdls/nnrs-eng.html
- mdda 9y agoDo you have to pay tax on your German earnings (earned in Germany, which you already pay tax to the German authorities on)? Almost all countries only tax you on the money earned (approximately) within their borders. So for most 'expats' it amounts to taxing interest and dividends, and maybe rental income on your old house. Not so the USA, which has a claim on all money earned by Americans world-wide. There's a ~U$100k earnings exemption (so many people aren't paying much tax back to the USA), but high-earning USA expats are in a different tax-world from their overseas colleagues.