Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
EnglishEN

Pick a language

Français English
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 1

As a non resident Canadian - do I need to file a T1135 - verification of foreign income?

 
1 Best answer

Accepted Solutions
Level 1

As a non resident Canadian - do I need to file a T1135 - verification of foreign income?

It really all depends on your residency status, which can be determined here https://bit.ly/2NDcHze

Reporting foreign income on your Canadian tax return can get tricky, so for tax purposes, your residency status is the first thing the CRA wants to know.

Non-residents and deemed non-residents - report your income from Canadian sources such as the taxable part of your scholarships, fellowships, bursaries, net research grants, income from a business without a permanent establishment in Canada, and taxable capital gains from disposing of taxable Canadian property.

Deemed residents - report your world gross income. World income is income from all sources both inside and outside Canada.

Because of the many variables, please review the links provided below for a greater understanding of your tax obligations.

  • An additional link from Allan Madan CPA,CA and international tax expert in Missisauga, ON with further clarity https://bit.ly/2U7f4Mn
1 Reply
Level 1

As a non resident Canadian - do I need to file a T1135 - verification of foreign income?

It really all depends on your residency status, which can be determined here https://bit.ly/2NDcHze

Reporting foreign income on your Canadian tax return can get tricky, so for tax purposes, your residency status is the first thing the CRA wants to know.

Non-residents and deemed non-residents - report your income from Canadian sources such as the taxable part of your scholarships, fellowships, bursaries, net research grants, income from a business without a permanent establishment in Canada, and taxable capital gains from disposing of taxable Canadian property.

Deemed residents - report your world gross income. World income is income from all sources both inside and outside Canada.

Because of the many variables, please review the links provided below for a greater understanding of your tax obligations.

  • An additional link from Allan Madan CPA,CA and international tax expert in Missisauga, ON with further clarity https://bit.ly/2U7f4Mn