Income tax in Canada on non-business Income earned in Brazil
QUESTION:
For 2006, I worked in Oil exploration for an Amercan company. My work place was Brazil and my spouse lived in Canada.I have bank accounts and driving license in Canada. My physical presence in Canada for 2006 was 152 days(not consecutive).
How will my income be taxed?
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david ingram replies:
You were clearly a taxable resident of Canada. file your Brazil return and then report the earnings again on lines 104 and 433 of your T1. Claim the tax paid to
Brazil as a foreign tax credit on line 433 of schedule 1.
For 2006, I worked in Oil exploration for an Amercan company. My work place was Brazil and my spouse lived in Canada.I have bank accounts and driving license in Canada. My physical presence in Canada for 2006 was 152 days(not consecutive).
How will my income be taxed?
___________________________________________________________
david ingram replies:
You were clearly a taxable resident of Canada. file your Brazil return and then report the earnings again on lines 104 and 433 of your T1. Claim the tax paid to
Brazil as a foreign tax credit on line 433 of schedule 1.
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