Posted on: 26-10-10 12:01:07
Quote:
Originally posted by john26
What I know that if you are resident of Canada for tax purpose, then you are taxed on your worldwide income. Is this is not correct?
always
16000 CAD/per annum will be about 9000~9500 CAD in hand per month after tax..deduct for the stress of moving and adjusting to new hot and humid place and you have nothing in your hand.
Quote:
Originally posted by john26
16000 CAD/per annum will be about 9000~9500 CAD in hand per month after tax..deduct for the stress of moving and adjusting to new hot and humid place and you have nothing in your hand.
indeed good points john 26. I guess it would make good financial sense to go if one is not doing well in Canada. Like no job or so so job etc. Interesting discussion this one.
Isn't it like you get 30 days to prepare to leave the country (being an Indian citizen), I think it would be much more relaxed for some one with American / Canadian / British passport.
Quote:
Originally posted by cmanyam
It was fine as long as you have job, the day you dont have job you are no where and start packing things to airport.. (that is what i call stress).
cmanyam,
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The cowards never started,
The weak died on the way,
Only the strong arrived.
http://www.youtube.com/watch?v=_yK1i9cLAMM
I think it is the same for all. Much like the US, where it is 10 days I think. So the packing has to be even faster.
Quote:
Originally posted by JRF
Isn't it like you get 30 days to prepare to leave the country (being an Indian citizen), I think it would be much more relaxed for some one with American / Canadian / British passport.
Quote:
Originally posted by cmanyam
It was fine as long as you have job, the day you dont have job you are no where and start packing things to airport.. (that is what i call stress).
cmanyam,
Quote:
Originally posted by cmanyam
Still i can say that Oil and gas has much better paid jobs in ME.
cmanyam,
I think so too that oil and gas pays really well there.
Quote:
Originally posted by dan
Quote:
Originally posted by john26
What I know that if you are resident of Canada for tax purpose, then you are taxed on your worldwide income. Is this is not correct?
always
Not always. If Canada has a double taxation treaty with that country then you don't need to pay taxes at both the countries. Canada has one with India and many other countries. You could read the one with India here
http://www.treaty-accord.gc.ca/text-texte.asp?id=102409#top_of_page
Guys can work through the system too.
