AdUnit Name: [AboveMainContent]
Enabled: [Yes],
Viewed On: [Desktop],
Dimensions: [[728,90],[970,250],[300,250]]
CampaignId: [/22646143967/candadavisa/ForumHeaderGeneric],
forumSection: Working in Canada, subForumSection: Canadian Finance and Taxation
Hello
I will be arriving to canada as a permanent resident, however for the time being I will keep working remotely for my company that is based in Dubai and they will keep sending my salary to my Dubai bank account
In this case should I declare my revenue? Do you have any idea if I will be taxed the same % as somebody who works in canada?
thanks
following this as I am also in the same boat
Hello
I will be arriving to canada as a permanent resident, however for the time being I will keep working remotely for my company that is based in Dubai and they will keep sending my salary to my Dubai bank account
In this case should I declare my revenue? Do you have any idea if I will be taxed the same % as somebody who works in canada?
thanks
Do you have legal status to work in Dubai?
Do you have legal status to work in Dubai?
Hey
Yes I am a resident of dubai
Hey
Yes I am a resident of dubai
So you have a WP there? If you are a tax resident in Canada you have to declare your worldwide income and will be taxed on your worldwide income. If living in Canada and able to access services of course you will be taxed. I would suggest hiring an accountant in Canada. There are likely more tax efficient ways for you to get paid.
I urge you to get counsel from a cross-border tax lawyer, as I suspect that the situation is actually more complex than you think. Your employer needs to adhere to Canadian labor and tax laws (it may be the case that they should work with CRA and make necessary tax deductions and benefit payments).
Because of this, some individuals work as freelancers and then invoice their company each month. This has its own hurdles as discussed in the following link.
https://dev.to/canosielabs/canadians-beware-the-personal-service-business-4kbk
I urge you to get counsel from a cross-border tax lawyer, as I suspect that the situation is actually more complex than you think. Your employer needs to adhere to Canadian labor and tax laws (it may be the case that they should work with CRA and make necessary tax deductions and benefit payments).
Because of this, some individuals work as freelancers and then invoice their company each month. This has its own hurdles as discussed in the following link.
https://dev.to/canosielabs/canadians-beware-the-personal-service-business-4kbk
Agree. This is much more complex than being an employee within the same country a your employer. 100% you need to pay taxes on your worldwide income though. How you get paid, whether their are tax treaties, whether your employer has offices in Canada, etc. are just a few issues that need to be considered.
AdUnit Name: [BelowMainContent]
Enabled: [No],
Viewed On: [Desktop],
Dimensions: [[728,90],[300,250]]
CampaignId: [/22646143967/candadavisa/ForumHeaderGeneric],
forumSection: Working in Canada, subForumSection: Canadian Finance and Taxation