Tax on world wide income for new immigrants

[muhdcand]

Hi folks,
I have a question regarding income tax for new settlers. If I arrive Canada in June 2021, will I have to pay income tax on my previous income made from Jan - June 2021? Its very confusing and I searched various resources without any concrete information. Any help in this regard with reference is much appreciated.

Thanks

 

[steaky]

Hi folks,
I have a question regarding income tax for new settlers. If I arrive Canada in June 2021, will I have to pay income tax on my previous income made from Jan - June 2021? Its very confusing and I searched various resources without any concrete information. Any help in this regard with reference is much appreciated.

Thanks

If you have no residential ties prior to your arrival date, then no, you won't have to pay income tax on your previous income made from Jan to June 2021.

 

[muhdcand]

If you have no residential ties prior to your arrival date, then no, you won't have to pay income tax on your previous income made from Jan to June 2021.

Thanks

 

[canuck78]

Your international income will be used to calculate any tax credits/benefits.

 

[muhdcand]

Your international income will be used to calculate any tax credits/benefits.

But will tax be deduced from the worldwide income before if somebody made just a soft landing?

 

[canuck78]

But will tax be deduced from the worldwide income before if somebody made just a soft landing?

Not if you don't have other ties to Canada like family, accounts, etc. CRA is the only one who can determine that.