Quote:
Originally Posted by kipperiggy
Canadian tax system is based on residency.
I do not know the intricacies of the tax treaty between the two countries but on a surface level if Tavares is a Canadian citizen not residing in Canada more than ~180 days then he would be taxed on that income in the US, so taxing him again on the same earnings in Canada would be double taxation of the same income, which is the whole point of the treaty.
Point being, if he loses and has to pay CRA then what happens to the taxes he already paid the IRS?
Oh Locke where art thou? I am but a measly auditor who took tax 10+ years ago...
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Google "Foreign Tax Credits"