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| *The Commerce Journal>>>Canada Taxes |
If a Canadian citizen lives and works here for a few years? |
and wants to go back to live in Canada how would she take her savings back to Canada? Would she be liable to some form of tax. What difficulties could she encounter.? She is an unmarried mother to be whos father to be is English. He also wants to live in Canada. (this is not me) I don't understand where "here" is. Each country has its own rules with respect to moving currency, assets, etc out of them; there may be a departure tax, and there may be a limit to how much she can take with her. As for taxes on entering Canada, she wouldn't pay tax on her savings, other than regular taxes on interest and/or capital gains earned after she was here. She should be able to bring her personal possessions into Canada tax/duty free, for the most part. See the site below for more information regarding that: http://www.cbsa.gc.ca/e/pub/cp/rc4151/rc... Id just keep my mouth shut, and take the 30%+ exchange rate. dont go tryin to cash any large checks up there. find out what the limits are and adjust. |
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are you working as an incorporated employee? canada are you working as a leased employee? american if you are a resident of canada, then you might be an incorporated employee since it... I'd suggest that you figure it out both ways and then determine which way is better. It really depends on why you have a refund.If it is because you've paid too much tax, then in sp... You first have to multiply the cost of the item times the sales tax. For example item cost $21.00 and the sales tax is 6% you would then mulitply it like this.. 21.00 x 0.6 = 12.6 or 21.00... No. If the company regularly ships to canada then they have already paid a broker to make sure their product is properly labelled and up to snuff, etc. Source(s): ... Hi: You will see 3 deuctions. 1 - Federal and provincial income taxes (CIT) (in Ontario it will be about 23 %). 2 - Canada Pension Plan (CPP) (about $ 35 per week if you earn more than ... There were some changes to the Visitor's Rebate Program. In most cases, you will no longer be eligible. Check this link from CRA: ... Best consult salesman. good luck Source(s): --... you should go to Employee Self Service and check the pay related information. Source(s): ... |
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