4 ms·
I've heard stories like this. I wonder if it's the same in Canada. Absurd.
by brailsafe 5y ago
I've heard stories like this. I wonder if it's the same in Canada. Absurd.
- tharkun__ 5y agoThe CRA does not tax you like the IRS does, no. Generally there's that "half year" rule of residency and also the "if you are considered a resident for tax purposes on Dec 31st" and things might be different for other country combinations than I have experienced (where a tax treaty existed between Canada and said country).
- voisin 5y agoThe only other country that taxes like the US (citizenship based rather than residency) is Eritrea and… wait for it… the US has the gall to criticize Eritrea for doing it. Citizenship based taxation has been said by many think tanks to cause a drag on US GDP as there are relatively disproportionately fewer Americans working abroad than Brits, Aussies, etc etc. and people tend to work with companies they are familiar with back home. Go to Hong Kong, Dubai, etc and there are so many more citizens of non-US countries it is shocking.