- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
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
1 Best answer
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
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
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 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
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
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