Confused about income tax etc.. 3 questions.

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MEWDNew Member
Topic author
Posts: 1
Joined: 7 Feb 2011

Confused about income tax etc.. 3 questions.

Post Mon Feb 07, 2011 6:13 am

Hi, I am currently living in the Caribbean with my husband and children.
1.
My husband came out to work in October 2010 from Canada and I left Canada in January 2011.
We expect to live here for the entire tax year of 2011.
We are going to file this year as we both have Canadian income from 2010 should my husband also add his world income for the Oct/Nov/Dec? We are non residents as we own nothing in Canada and have very little to no ties...

2.
In 2012 me and the children are returning to Canada buying property and staying while my husband will continue to work in the Caribbean.
What kind of resident will that then make him as we will have property and he will have his spouse and children there... ?

3. Is it best to file our world income every year as me and the children are intending on moving back..

Thank you.. :) The country we are in does not have a tax treaty with Canada.
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agnelsonCanuckAbroad VIP
Posts: 3263
Topics: 1
Joined: 26 Aug 2009

Re: Confused about income tax etc.. 3 questions.

Post Mon Feb 07, 2011 12:08 pm

I'll adress this at forums.serbinski.com. When you repost there, let us know what country you are now in. If it has a treaty with Canada, it will help you.
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CdnDownUnderNew Member
Posts: 2
Joined: 17 Feb 2011

Re: Confused about income tax etc.. 3 questions.

Post Thu Feb 17, 2011 6:28 pm

Hello!

Apologies for posting a reply to a question I have no ability to comment on, however, my attempt to post my own somewhat related question did not seem to work.

I've recently come across this discussion group and am hoping some of you wise expats may have some advice for my residency and tax conundrum.

I'm Canadian and my husband is an Australian citizen with permanent residency in Canada. We relocated to Australia in September 2010 so my husband could take a 10 month work contract. I came to Australia on a one year tourist visa. We left a furnished house in Canada, which we rented out on a short-term basis. We also have a house here in Australia, which has been rented out through a property management company for the last 10 years. We are currently living in a rental property. There is a possibility that my husband's contract will be extended, which will mean we will be here longer term.

My questions are: where are we considered to be residents and what are the tax implications? As a Canadian citizen with some income from Canada and here on a tourist visa I am confident that I am still a Canadian resident and plan to file my taxes as such. But I'm not sure about my husband, as he is an Australian citizen working in Australia with income and assets here, is he now an Australian resident? From a tax perspective it would be better if he was as he would benefit from salary packaging, sales of shares, etc. But, what are the implications for his Canadian permanent residency? As a married couple, can we be residents of two different countries? Is there any distinction between being a "resident" and being a "resident for tax purposes"?

Thanks for any wisdom you have to share.

Andrea
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agnelsonCanuckAbroad VIP
Posts: 3263
Topics: 1
Joined: 26 Aug 2009

Re: Confused about income tax etc.. 3 questions.

Post Fri Feb 18, 2011 8:29 am

please, forums.serbinski.com is whre I will answer this,
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CdnDownUnderNew Member
Posts: 2
Joined: 17 Feb 2011

Re: Confused about income tax etc.. 3 questions.

Post Fri Feb 25, 2011 4:07 am

Hi agnelson,

I checked the Serbinski forums but they appear to only deal with Canada and the U.S. Are you suggesting I post there anyway?
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