Canadian Expats & Taxes

[flyboy803]

Can any Canadians living in HKG please tell me what the tax rules are with Canada? What do you have to do to avoid paying Canadian taxes?
Thanks for your help!

[CXChildLabour]

declare non-residency, cancel all bank accounts, driver's license, MSP, etc.

[Thunderbird4]

Flyboy.... since you know how to use a computer here's a link for you Google (http://www.google.com) ... type in Canadian Revenue Agency then use the bright red box at the top of the first page that says "search this site" type in Non Residents of Canada. Simple eh?

Next time think for yourself! It sure beats getting some second hand advice from the trolls on this forum.

[flyboy803]

Thanks Iron Skillet and CX Child Labour for the info.

[North of Somewhere]

Thunderturd said: "Flyboy.... since you know how to use a computer here's a link for you Google ... type in Canadian Revenue Agency then use the bright red box at the top of the first page that says "search this site" type in Non Residents of Canada. Simple eh?
Next time think for yourself! It sure beats getting some second hand advice from the trolls on this forum."

Since you know how to use a computer here a link for you Google... type in "common respect that should be shown people when they ask questions." If you are born Canadian and are acting this way, please don't ever come home!

[Air Profit]

For info's sake, there has been a BIG change in UK tax law this past week. The UK gov now is claiming that just being in the country for less than 90 days per year is not necessarily evidence of having 'severed ties' with your 'residence' of the country. This has long been the determining criteria, and to now say they are no longer going to honour it will pull many of us back into the UK tax net. It is not unlikely that the Canadian govt will be looking at this ruling in coming years. Not being alarmist, but it shows you how planning anything to do with tax avoidance can be undone very quickly.

[HaveQuick]

For slightly more accurate info on the UK case, for all those Brits abroad, I contacted my tax/accountant man (funnily enough an ex-tax inspector); and I quote:
"However, the learned Judges have supported the contention set out in the Booklet IR20 that if a person leaves the UK for a complete tax year for the purpose of full time employment they do break UK tax residency - see extract below:

43. In 2.2, it is not enough that the taxpayer has left the UK, he must have left to work full-time. Absence is not sufficient, it must be absence whilst engaged on full-time employment for at least a whole tax year. No more is, however, required. The absence need be neither permanent nor indefinite. Accordingly, there was no dispute between the parties but that there is no requirement, under 2.2, for a taxpayer to demonstrate that he has severed family and social ties within the UK. The Revenue accepts that the taxpayer need do no more than establish that he has left the UK for full-time employment abroad, and that the employment has continued throughout the relevant tax year. There is no need to be concerned with any persisting social or family ties in the UK, unless those ties themselves cast doubt on whether the employment is genuinely full-time. "

Clearly stating that at the moment we ARE legal and "safe', but probably not for long....