canadian tax

[analyst123]

I have PR but still outside Canada. If I get rental income from house here, will I have to declare my worldwide income on Canadian Income Tax

 

[Investocrat]

I believe a rental property in Canada will qualify you as a tax resident. Hence, you will have to file a tax return and declare worldwide income.

 

[analyst123]

Any other ideas ?

 

[steaky]

I believe a rental property in Canada will qualify you as a tax resident. Hence, you will have to file a tax return and declare worldwide income.

Incorrect. A non resident can own rental property in Canada and file a non resident tax return on various Canadian source income See here:

https://www.canada.ca/en/revenue-ag...tax-withholding-remitting-reporting-2016.html

 

[torontosm]

I have PR but still outside Canada. If I get rental income from house here, will I have to declare my worldwide income on Canadian Income Tax

An income property in Canada does not make you a resident for tax purposes so long as it is rented to a third party on an arms length basis. 25% of the monthly rent should be remitted to the CRA as a witholding tax, and you will only be taxed on this income, not your global income.