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Canada Immigration Forum
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> Topic:
Tax on the amount earned outside Canada after getting PR
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Topic: Tax on the amount earned outside Canada after getting PR (Read 488 times)
Zaibi
Full Member
Posts: 32
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Tax on the amount earned outside Canada after getting PR
«
on:
April 26, 2011, 03:47:22 am »
Dear Friends,
From all the help that I have been getting from you wonderful people, I thank and appreciate.
As per my understanding, On 1st landing, after declaring all the Assets (Money, gold property earned outside Canada before becoming Permanent resident ) if declared is non-taxable.
Now suppose I declared CAD 50,000 on first landing and come back to the country where I am working and after a year (after getting Canadian PR) I go back to Canada and have CAD 75,000 (means 25,000 which I earned outside Canada in this year)
1- Do I have to pay any taxes on this additional amount?
Profound Regards
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wilson
VIP Member
Posts: 3405
Ratings: +215
Re: Tax on the amount earned outside Canada after getting PR
«
Reply #1 on:
April 26, 2011, 01:00:47 pm »
Zaibi
,
Please go the thread andvisit the CRA website for details:
http://www.canadavisa.com/canada-immigration-discussion-board/overseas-taxable-amount-t70140.0.html
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When one door closes, another opens; but we often look so long and so regretfully upon the closed door that we do not see the one that has opened for us."
- Alexander Graham Bell
Zaibi
Full Member
Posts: 32
Ratings: +0
Re: Tax on the amount earned outside Canada after getting PR
«
Reply #2 on:
April 27, 2011, 05:27:26 am »
heheheh
Wilson.. you got me. It was by mistake bro. Sorry
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