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Would opening a Canadian bank account make me liable for taxation

cooldoc80

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Nov 1, 2010
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Dear Experts

I plan to land next month for a short visit , my plan to let my wife settle in canada 6 months a year while i will visit her from time to time ( keeping in mine the 2/5 years Obligation)

my question is regarding the first 3 years after landing which i will only be in canada for approximately 3 months a year and my wife 6 months a year.


I will be working in my country of origin as there is a contract that i cant break for the next couple of years , i already know that if my wife is present in canada for more than 6 months that would make me liable for taxation .


BUT MY QUESTION IS THE FOLLOWING :
Does opening a bank account in my name with my savings would increase the possiblity of me getting taxted or this would not have any influence , or this dosent make any difference at all ?



thanks
 

cooldoc80

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Nov 1, 2010
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Thanks for answer but how would I be taxed if I only live in Canada 3 months a year at the first couple of months !
 

CanV

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Apr 30, 2012
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cooldoc80 said:
Thanks for answer but how would I be taxed if I only live in Canada 3 months a year at the first couple of months !
You need to find out if you are a resident of Canada for tax purposes. Go to CRA website, research on Google or call CRA to find out.
 

vehla_ji

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Jun 20, 2014
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