help me about my doubt with incom tax on my earning's in Gulf

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cmanyam
Member since: Aug 04

Posts: 295
Location: TORONTO
Post ID: #PID

Posted on: 30-12-04 06:50:55

Hi any CD members presently in Canada relocated from gulf

help me about my doubt with incom tax on my earning's in Gulf .
If i finish my landing in canada & come back to Gulf with in a month time.
all my earning's after worda in that finacial year out side canada will be taxible in canda or not...???????

i had see few post similar to my post on Cd, but nothing clear to me, mostly all answers are little bit in terms of Charted accountants language.

can any one help me in this regard
cmanaym

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conservativecanada
Member since: Aug 04

Posts: 13
Location:
Post ID: #PID

Posted on: 30-12-04 09:45:49

i applyed in Oct -2003 and got my File number in Jan2004, after that there is no info from CHC london.. on online CIC it shows application in process.
generally how long it is taking from Gulf.

hello cmanyan,
Isn't that post form you. i must say ur a panicky person. your posts are full of panic. one step at a time and learn to relax. there is lots more in canda that you have bother about when you will get here. stop worrying right now.

and comign down to your questions. yes once you land here you are deemed resident of canda and legally you should be paying taxes etc, filing for GST credit, child tax benefit etc which is calculated on world wide income.

dp_jain
Member since: Jan 04

Posts: 418
Location: Brampton
Post ID: #PID

Posted on: 30-12-04 22:32:26

Hi,

If you stay in Canada just for a month and go back to Gulf, you need not to file Canadian income Tax Return. At the same time you would not be allowed to take any benefits such as GST nd CTB. To get these benefits one has to be a Canadian Resident and has to file tax return.

I your case you could be termed as a deemed Candian Resident, but you could live worry free without filing a tax return here in Canada. Mind it, that in case you change your situation shortly and come back to Canada after a short period you could be asked to submit your tax return. For Canadian residents (persons who are abliged to file tax return) their worldwide income is taxable. However, one can take setoff of any tax paid on foreign income.

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rajcanada
Member since: Jul 03

Posts: 2713
Location: Kitchener, ON
Post ID: #PID

Posted on: 30-12-04 22:54:11

I think you will find this official website link useful.

http://www.cra-arc.gc.ca/tax/nonresidents/individuals/newcomer-e.html

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cmanyam
Member since: Aug 04

Posts: 295
Location: TORONTO
Post ID: #PID

Posted on: 01-01-05 14:45:11

Thanks Raj & Jain for your info...

ALso special thanks to conservativecanada......
(looks very conservative in future thinking) also

but Conservative ... once thing i apreciate your comment about
"stop worrying right now"...

thanks for that...
cmanyam
Abudhabi

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