Bifalgorithm post
Assuming that you've done all your analysis, it makes sense to become a non-resident. You're starting a brand new business. You have lots of employment or you have lots of investment outside of Canada. So then you realize that it's best to separate the tie and become a Canadian non-tax resident. The first thing that you need to do is to calculate your departure tax and recognize and learn about your ongoing tax filing obligation.
Assuming that you've done all your analysis, it makes sense to become a non-resident. You're starting a brand new business. You have lots of employment or you…
Ideas in this flowchart
- Becoming a Canadian Non-Tax Resident
- Reasons for Non-Residency
- Starting a New Business
- Employment Outside Canada
- Investment Outside Canada
- Steps to Become Non-Resident
- Calculate Departure Tax
- Learn Ongoing Tax Filing Obligations
