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Mar 11, 2020 9:08 pm
I am a Canadian resident and receive my pension from Romania.
Can I deduct any amount as "Income exempt under a tax treaty" based on the fact that Romania and Canada have a tax treaty?
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Mar 12, 2020 5:22 pm
As a Canadian resident, you are taxable on your global income, including foreign pension income. To avoid double taxation, you can claim a foreign tax credit on your Canadian tax return for foreign taxes deducted from your foreign pension income.