PPRuNe Forums - View Single Post - Working outside of Canada and Taxation Implications
Old 6th Apr 2015, 22:35
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ChrisGK
 
Join Date: Nov 2012
Location: Canada
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Red Hot Poker, the issue as I understand it is becoming a 'deemed non-resident' in the first place.

CRA asks you to complete an NR71 form essentially showing that you've severed ties with Canada. But what if you still own that retirement property or are drawing a pension or are renting your home whilst employed outside of the country or have your furniture and effects in long-term storage?

Here's where things become problematic . . . Even if CRA overlooks all of this and says "in our opinion" because you're working outside of Canada you are a "non-resident" that opinion is 'non-binding'. Meaning essentially they could reverse their opinion and now you owe taxes on previous tax years while you were employed overseas.

I'm just wondering what others in this situation are doing and who they've turned to for advice?
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