Non-Canadian Resident and Collecting Rental Income in Vancouver

Non-Canadian residents who own Canadian real estate and collecting rental income have two ways to deal with the Canadian tax liability. The first method is remit to the CRA, 25% tax on the gross rent collected.  This 25% is due to the CRA on the 15th of the following month the rental income was credited to the non-Canadian resident.  This

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Inheritance and the Canadian Taxpayer

While Inheritance is Non-taxable, A Word of Caution Inheritances are non-taxable for Canadian taxpayers regardless of whether or not the inheritance comes from a Canadian citizen or a foreign citizen. This non-taxable tax treatment is also consistent regardless of whether or not the inheritance is straight cash, a summer house, a rental building or shares of a company. Before you

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