The same registration threshold applies to nonresidents selling digital services to Canadian consumers. Some provinces require you to collect separate provincial taxes on top of the federal GST/HST. How to file and remit indirect taxes Before you collect any taxes from your customers, ensure you ...
As a resident of another country, you will be subject to the tax laws and visa requirements of that country, but in exchange, you will not have to pay Canadian taxes on any income earned outside of Canada. If you don’t own property in Canada it’s quite probable that you won’t ev...
Sales of services provided to Canadian customers by sellers established in other countries are generally taxable in Canada. While the Canadian government usually collects tax on sales to private persons, it does not charge tax on sales to business customers who provide the seller with their tax ...
However, becoming a Canadian citizen has its perks. Here are five things permanent residents can only do once they become citizens: 1. Vote Canada operates as a parliamentary democracy. At every federal election, every Canadian citizen over the age of 18 can cast a ballot to vote for our Pr...
Note: This may or may not work for readers of different countries (I’m not sure, but it’s possibly only a Canadian/U.S. discount code). But for the bonus money, it’s worth a shot! Other Tips for Managing Your Online Savings Account On The Road ...
While this can seem daunting, learning how to file your taxes is important because you'll need to do it every year (for the most part). In this guide, learn why and how you have to file a tax return, as well as other important aspects of the filing process you need to know. ...
looking for ways toearn passivelycan help you expedite the process. So if you can grow a business, for example, to produce $500,000 a year in profits, and you can save $250,000 of that every year (not including taxes of course), then you’re well on your way towards becoming a de...
Can I deduct tax preparation fees on my taxes? Tax preparation fees are considered a miscellaneous expense and they're no longer deductible for the average taxpayer.13Butself-employed individualscan still deduct tax preparation fees. What do I bring to an accountant for tax preparation?
The Canada Revenue Agency (CRA) is the federal department that collects taxes and administers tax laws for the Canadian government and for many of Canada's provinces and territories.1Also known as the Agence du Revenu du Canada, it also oversees a variety of social and economic benefit and ...
Before applying, Canadian citizens need to have theirSocial Insurance Number (SIN)and banking information close at hand. If you wish to take advantage of pension sharing, you must have your spouse or common-law partner's SIN as well. You must also provide your children's SINs and proofs of...