What will be my residential status for tax purposes if my stay in Canada for the tax period is for 110 days? I am on a personal leave of absence from my employer.
Significant economic ties include having a driver's licence, bank account, RRSP account, health card, I have been repaying my Credit card dues regularly even when I am not in the country.
011015
1 Replies
Jeffuuright
Employee Tax Expert
Jun 15, 2020 10:25:18 AM
Your residential status for Canadian income tax purposes depends largely on whether you have significant residential ties to Canada. The most important factors are; do you still have a home, spouse, dependents in Canada? Other relevant considerations can be factors such as the "economic" ones you have listed. More information in this regard from CRA can be found at: Determining your residency status. If you are still unsure about your status you can request a ruling from CRA by using the applicable form: