Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
blind1
New Member

Under the canadian australian tax agreement, what is the tax rate payable in canada on a pension received from an australian pension fund?

 
1 Reply

Under the canadian australian tax agreement, what is the tax rate payable in canada on a pension received from an australian pension fund?

There’s no specific tax rate for foreign pension income. It would depend on how much other taxable income you have, which determines what tax bracket you fall into.

 

Also, if you have already paid taxes on your Australian pension, then you will not be taxed again by Canada.