If i leave my british pension in a bank in the uk and only use it when I am on holiday there do I have to pay tax on it in Canada. I am a Canadian citizen
01706
1 Best answer
TurboTaxJared
Level 7
Oct 30, 2019 2:59:57 PM
Tax treatment of foreign pension is dependent on the tax treaty between Canada and the source country of the pension. Pension from UK is fully taxable in Canada. https://turbotax.community.intuit.ca/replies/2030604
1 Replies
TurboTaxJared
Level 7
Oct 30, 2019 2:59:57 PM
Tax treatment of foreign pension is dependent on the tax treaty between Canada and the source country of the pension. Pension from UK is fully taxable in Canada. https://turbotax.community.intuit.ca/replies/2030604