Tax Services in Brampton | Tax Accountant in Mississauga

Advice on becoming Non-Resident if intending to leave Canada for long period of time

Advice on becoming Non-Resident if intending to leave Canada for long period of time

For various economic and social needs Canadians move to another country on a long or short-term basis. Some countries have bilateral tax agreements with Canada while most countries do not have such arrangements. Any Canadian moving to another country for a long-term basis must weigh the pros and cons of continuing economic ties with Canada or temporarily disconnecting the link with Canada to avoid the impact of double taxation. We analyse all the impacts of a client placed in such circumstances and then advise them appropriately.