Q. Why do I need to provide my Taxpayer Identification Number (TIN) on the TD Canada Trust Tax Residency Self-Certification – Individual? A. We are required by the Canada Revenue Agency to collect information about your tax residency to comply with the Canadian Income Tax Act. If you ...
my business is in Quebec, what are the forms I am required to submit to the Quebec revenue agency. thanks ibrahim superAmin April 10, 2014 at 6:26 pm Hi Ibrahim, Corporations with a permanent establishment in Quebec must file a Quebec Corporate Tax Return (Form C0-17). This is in ad...
However, you’ll pay income taxes, which can range from 10% to 37%, based on your tax bracket, and an early distribution penalty of 10% if you’re younger than 59 and a half, according to IRS rules. 401(k) loan Some 401(k) plans allow participants to borrow as much as 50% of...
You can contact the Canada Revenue Agency via a free support service or at the CRA phone number, 1-800-959-8281. Small business tax myths Q1: My business didn’t make any money so I don’t have to report anything, right? A1: False. Many businesses don’t see a profit in the ...
Tax (GST) and Harmonized Sales Tax (HST) when they have revenues of $30,000 or more in a 12-month period. You cansubmit the GST/HST you collect in installments. If you want, you can collect GST/HST even if you don’t earn this much in revenue, and put it toward input ...
A down payment is the part of a mortgage loan in which the purchaser makes in addition to the mortgage amount. Learn more about down payments here.
The Notice of Assessment is the form the Canada Revenue Agency (CRA) issues to all Canadian taxpayers afterprocessing their tax returns. This CRA tax assessment summarizes the results and states the amount of taxes to be paid or refunded. The Notice of Assessment includes the amount of tax ref...