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Treatment of Non re...
 
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Treatment of Non resident taxpayers in Canada

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(@Anonymous)
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[#255]

How does the Canada deal with a nonr-esident taxpayer in relation to tax deductions as per their personal situation​, while the non resident only earns a part (e.g 70%) of his/her income in the country


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Posts: 663
(@dexter)
Joined: 3 months ago

The answer depends on the type of income being earned in Canada by the non-resident of Canada. See below the tax deductions available to a non-resident for 3 different sources of income from Canada:

1. Rental income. Deductions include: property taxes, utilities, repairs, insurance, mortgage interest.
2. Business income: Deductions include: advertising, banking fees, cell phone & internet, dues and membership fees, insurance, lease payments, meals & entertainment.
3. Employment income: Deductions include: vehicle expenses, home office expenses, supplies, salary paid to an assistant.


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