arctip
New Member

Can I reduce my tax by applying foreign tax credit calculated on income tax paid in Japan

 

Investors and rental owners

Yes, if you paid taxes on your foreign income and your country has a treaty with Canada, you can complete the foreign tax credit and won't be double-taxed. You will click on the top of your return on "Find" and type in foreign tax credit- GO. You will then be able to enter your information there.