Hi everyone,
I am a Canadian Permanent Resident. I will be working overseas in Singapore (Canada has a tax treaty) in November 2014 for a few years.
Here are my circumstances:
a) I do not own any home in Canada
b) My car will be sold before I leave
c) I will terminate my provincial health insurance card
d) Will close my bank accounts
e) I have no dependants or relatives in Canada
f) single
I may keep my Canadian driver's license.
1) With the above in mind, will I be a non tax resident in Canada when I work overseas from November 2014?
2) Since Singapore has a tax treaty with Canada, do I pay the higher of the two countries' tax rates or just pay taxes in Singapore only?
3) Before I leave, besides calling CRA to let them know that I will be going overseas to work, is there anything else I need to attend to with regard to tax matters with CRA and Quebec Tax Revenue Agency? Any forms to fill out ? (I live in Quebec.)
Please advise. Many thanks.
I am a Canadian Permanent Resident. I will be working overseas in Singapore (Canada has a tax treaty) in November 2014 for a few years.
Here are my circumstances:
a) I do not own any home in Canada
b) My car will be sold before I leave
c) I will terminate my provincial health insurance card
d) Will close my bank accounts
e) I have no dependants or relatives in Canada
f) single
I may keep my Canadian driver's license.
1) With the above in mind, will I be a non tax resident in Canada when I work overseas from November 2014?
2) Since Singapore has a tax treaty with Canada, do I pay the higher of the two countries' tax rates or just pay taxes in Singapore only?
3) Before I leave, besides calling CRA to let them know that I will be going overseas to work, is there anything else I need to attend to with regard to tax matters with CRA and Quebec Tax Revenue Agency? Any forms to fill out ? (I live in Quebec.)
Please advise. Many thanks.