Foreign Income
income reporting
Foreign Income Services in London, Ontario
Non-residents who earned income in their home countries the same year they arrived in Canada must include that information in their tax statements for that year.
Be aware: Income that was generated outside of Canada is not taxable. Therefore, non-residents in Canada cannot claim foreign tax credit.
We can help you determine what does and does not need to be reported. Reach out to us today.
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Foreign Income Reporting questions?
We know how confusing and overwhelming bookkeeping and accounting can be. We are here to help in any way we can. Reach out to us today.
