Dear all,
Looking for advice as there is no clear statement online,
I recently came to Canada via EE. I work for company in Europe (as employee) and receive salary in European bank account.
I intend to continue to work for European company till the end of the year and my understanding that the only thing I need to do is to report this income as Foreign income and pay any outstanding Canada taxes
However at the same time, I also found that if I want to keep such foreign employment arrangement that there may be be a need to involve PEO company in Canada (to ensure correct taxation and such) and there are certain obligations that foreign company has to fulfill to comply with Canada regulations. Is it correct? where can I find more information on that?
Thank you in advance
Looking for advice as there is no clear statement online,
I recently came to Canada via EE. I work for company in Europe (as employee) and receive salary in European bank account.
I intend to continue to work for European company till the end of the year and my understanding that the only thing I need to do is to report this income as Foreign income and pay any outstanding Canada taxes
However at the same time, I also found that if I want to keep such foreign employment arrangement that there may be be a need to involve PEO company in Canada (to ensure correct taxation and such) and there are certain obligations that foreign company has to fulfill to comply with Canada regulations. Is it correct? where can I find more information on that?
Thank you in advance