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  1. J

    Do non resident PRs pay taxes in Canada?

    It sounds like 2024 will be a split year. She may be a resident up to the date she moves, and then not after that
  2. J

    Living outside of Canada more than 180 days

    180 days is not a hard rule in most cases. The treaty would look at where is your centre of life to determine residency.
  3. J

    Departure tax

    There is no departure tax if you were in Canada for less than 60 months, but only in regard to assets that you owned at the date you moved to Canada. If you purchased them after, there may be departure tax, depending on the type of asset.
  4. J

    Taxes for newcomers, HELP!

    If you had no income for 2023 you dont need to file as your income was pre the date you became a tax resident in Canada. Residency is a grey area though!
  5. J

    Investing in US real estate as a PR

    Do not use an LLC. The tax effects in Canada for an LLC mean you will likely be double taxed as Canada treats it as a corporation, not a flow through. An LLP should be ok.
  6. J

    Calculation for short term rental

    You should use the number of days it was rented (or available for rent) / 365
  7. J

    Late ITR filing

    Yes, you can file late if you dont owe any taxes. Just beware that if you have to file the T1135 (foreign assets) that cannot be filed late, or there will be severe penalties.
  8. J

    Child benefit while living outside Canada

    Receiving CCB is strictly based on being tax resident in Canada. That itself is dependant on many factors.
  9. J

    I am salaried while Spouse is self employed, what is the deadline if we file tax together as group

    Both of you are June 15th.