PPRuNe Forums - View Single Post - CHC Touring Captains
View Single Post
Old 16th Feb 2009, 23:01
  #13 (permalink)  
Outwest
 
Join Date: Aug 2003
Location: LOS
Age: 67
Posts: 580
Likes: 0
Received 0 Likes on 0 Posts
As mentioned before, if you do 6 and 6 and on your time off return to your home in Canada, you pay tax like any other Canadian working in Canada. However, you have tax a credit available called the OETC (overseas employment tax credit) which lowers your tax rate to approx 15%.

You have to become or be a non-resident of Canada if you want tax free earnings. You will however be subject to tax in your country of residence if applicable.
Outwest is offline