Dear All,
Please I need a help regarding the below issue:
I landed in Canada in Sept 2011 and stayed for approx one month then I came back to my origin country; during the months that I was outside Canada I did one money transfer from my overseas bank account, and now I am planning to return back and settle, I already have Driving License, Canadian bank account, SIN, PR. My questions is, Do I need to pay tax for the amount that I transferred during my absence from Canada and the the money that I am willing to transfer to my Canadian account? I planning to transfer about 50K.
Thank you