|
Korean Job Discussion Forums
"The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
|
| View previous topic :: View next topic |
| Author |
Message |
earthquakez
Joined: 10 Nov 2010
|
 Posted: Mon Mar 31, 2014 3:49 am Post subject: |
 |
|
| jvalmer wrote: |
File your taxes guys. Been filing for years with an income of amount between 5-10,000. Because in reality that's all I've sent home per year. Only thing I've been collecting is that GST refund. But maybe I should check 'no' to that next time.
Also note that 7-years is the max they'll keep your records for legal purposes. There a reason if you go bankrupt it effects your records for up to 7 years. |
Hmm, the OP didn't title his or her post 'How do I cheat the Canadian Tax Office.' Yet you've just gone and admitted to cheating the Canadian Govt by lying blatantly about how much income you earn in Korea.
How do you justify that, all the while picking up GST checks as if you are living in Canada and paying your dues? Let's not sugarcoat what you're doing - you're a tax cheat and I personally don't have any time for people like you earning decent income, collecting monies in 'refunds' and lying about your income abroad.
It will come back to bite you, sunshine. Recently Canadians quite rightly have been kicking up a fuss about the USA's IRS trying to get their info and trying to tax people who were born in the USA or born to American parents but have never lived in the USA or whatever.
The Canadian Govt probably has the same feeling. However, all western govts are more or less broke from not living within their means and increasing their debt while spending too much. Things will never go back to what they were in the 20th century, Keynesian economics doesn't work when many industries have restructured and gutted many of the jobs that workers did in the past to enable them to save or climb the class ladder.
The Canadian govt is another big spender like other western govts though they are not doing the irresponsible things like printing trillions of fiat money like the US' Federal Reserve is while driving future generations into debt. Canada will be hunting down tax cheats sooner rather than later - they have to to recover money that people like you withheld all the while claiming other taxpayers' refunds.
You're a tax cheat, simple as that. The OP does not need your advice. |
|
| Back to top |
|
 |
jvalmer
Joined: 06 Jun 2003
|
| Posted: Mon Mar 31, 2014 4:21 am Post subject: |
|
|
| earthquakez wrote: |
| jvalmer wrote: |
File your taxes guys. Been filing for years with an income of amount between 5-10,000. Because in reality that's all I've sent home per year. Only thing I've been collecting is that GST refund. But maybe I should check 'no' to that next time.
Also note that 7-years is the max they'll keep your records for legal purposes. There a reason if you go bankrupt it effects your records for up to 7 years. |
Hmm, the OP didn't title his or her post 'How do I cheat the Canadian Tax Office.' Yet you've just gone and admitted to cheating the Canadian Govt by lying blatantly about how much income you earn in Korea.
How do you justify that, all the while picking up GST checks as if you are living in Canada and paying your dues? Let's not sugarcoat what you're doing - you're a tax cheat and I personally don't have any time for people like you earning decent income, collecting monies in 'refunds' and lying about your income abroad.
It will come back to bite you, sunshine. Recently Canadians quite rightly have been kicking up a fuss about the USA's IRS trying to get their info and trying to tax people who were born in the USA or born to American parents but have never lived in the USA or whatever.
The Canadian Govt probably has the same feeling. However, all western govts are more or less broke from not living within their means and increasing their debt while spending too much. Things will never go back to what they were in the 20th century, Keynesian economics doesn't work when many industries have restructured and gutted many of the jobs that workers did in the past to enable them to save or climb the class ladder.
The Canadian govt is another big spender like other western govts though they are not doing the irresponsible things like printing trillions of fiat money like the US' Federal Reserve is while driving future generations into debt. Canada will be hunting down tax cheats sooner rather than later - they have to to recover money that people like you withheld all the while claiming other taxpayers' refunds.
You're a tax cheat, simple as that. The OP does not need your advice. |
Whoa... hit a nerve...
Yes, my 24K a year makes me a huge target for the taxman. |
|
| Back to top |
|
|
Wildbore
Joined: 17 Jun 2009
|
| Posted: Mon Mar 31, 2014 9:50 am Post subject: |
|
|
| Rockhard wrote: |
| I'm With You wrote: |
| jvalmer wrote: |
| File your taxes guys. Been filing for years with an income of amount between 5-10,000. Because in reality that's all I've sent home per year. Only thing I've been collecting is that GST refund. But maybe I should check 'no' to that next time. |
I haven't filed a return in close to 20 years.
When I left the country, there wasn't even a form to fill out to declare Non-Residency status.
Never hear from Revenue Canada, but I don't have any financial or other ties to Canada either. I have a passport, ATM card with little savings in Canada, VISA card and a driver's license. That's it.
I called them once back in 1999 or 2000, just out of curiousity, and the woman I spoke with told me that courts determine if someone is a resident or non-resident, in the case that any action was ever taken against someone for unpaid taxes.
Canadian Andrew Hallam in Singapore talks a lot about this on his website and in his book Millionaire Teacher. |
But you also aren't collecting any aid from the government like HST checks, health coverage, welfare, baby bonus, etc...
Why would the government give a crap about you if you aren't taking any of their money?
We are talking about people trying to cheat the system by collecting benefits only available to residents, but not actually being a resident. |
How do you know they aren't actually residents? Are you some kind of magical Dave's ESL CRA auditor that knows everything about everyones situation?
"Physical presence" in Canada is only a small part of the determination for residency. If you have many residential ties to Canada (driver's license, bank account, memberships, credit cards, provincial insurance, etc.) you MAY BE considered a resident, DESPITE living temporarily in Korea. The intent to return to Canada is also important, as well as having "temporary" visas in Korea.
We are talking about people collecting benefits because they THINK they are entitled to them, by virtue of being a resident. Nothing dodgy about this, and people should actually claim more credits (like the Working Income Tax benefit, RRSPs deduction, the double taxation credit).
No where does it say you can't get an HST credit because you were overseas for a while. You get it if you are a resident of Canada, and again, for small-minded individuals like you who make up laws in your head, "physical presence" is only a part of that equation.
The court actually knows the law is vague and confusing, and this fact actually helps people avoid penalties if they did make a mistake in determining their own residency.
Also, under-reporting income is like speeding, people do it all the time and it's not a big deal. If you get an audit, well boo-hoo, pass go, pay your penalty, and continue through life. But nice to see people going crazy on a forum like someone was shot in the head. |
|
| Back to top |
|
|
Rockhard
Joined: 11 Dec 2013
|
| Posted: Wed Apr 02, 2014 4:37 am Post subject: |
|
|
| Weigookin74 wrote: |
Is this for people who have not been declared non residents? Also, how would you file taxes with Canada. It's not like you get a T4 slip. My employer does most of the tax paperwork here in Korea. So, I wouldn't have a clue. I use to fill out my own taxes in Canada. Is there a special form you'd get?
I was declared non resident anyways. |
If you live and work in Korea for a substantial amount of time, like months on end, you are not a Canadian resident and you don't pay Canadian taxes. It doesn't matter if you have a Canadian bank account or Driver's License. Where are you mostly living and working, that's the criteria.
If you earn income in Korea but don't declare yourself a non-resident, the CRA will come looking for your return. Then the burden is on you to prove you weren't a resident during the period in question. It's far easier to just notify your residency status early on instead of trying to prove it after the fact.
If you ever plan to return to Canada in your life and work there, keep everything, all your documentation. All your Korean tax returns, pay stubs, documents to prove residency. Go through each fiscal year and determine which country you were a resident of (ie, mainly worked and lived). Did you pay taxes to the correct authority? Did you collect benefits when you weren't supposed to? Did you neglect to declare Canadian income on your Korean return?
Failing to do any of this can get you in trouble, so best to fess up now and sort it out. |
|
| Back to top |
|
|
Wildbore
Joined: 17 Jun 2009
|
| Posted: Thu Apr 03, 2014 11:53 am Post subject: |
|
|
| Rockhard wrote: |
| Weigookin74 wrote: |
Is this for people who have not been declared non residents? Also, how would you file taxes with Canada. It's not like you get a T4 slip. My employer does most of the tax paperwork here in Korea. So, I wouldn't have a clue. I use to fill out my own taxes in Canada. Is there a special form you'd get?
I was declared non resident anyways. |
If you live and work in Korea for a substantial amount of time, like months on end, you are not a Canadian resident and you don't pay Canadian taxes. It doesn't matter if you have a Canadian bank account or Driver's License. Where are you mostly living and working, that's the criteria.
If you earn income in Korea but don't declare yourself a non-resident, the CRA will come looking for your return. Then the burden is on you to prove you weren't a resident during the period in question. It's far easier to just notify your residency status early on instead of trying to prove it after the fact.
If you ever plan to return to Canada in your life and work there, keep everything, all your documentation. All your Korean tax returns, pay stubs, documents to prove residency. Go through each fiscal year and determine which country you were a resident of (ie, mainly worked and lived). Did you pay taxes to the correct authority? Did you collect benefits when you weren't supposed to? Did you neglect to declare Canadian income on your Korean return?
Failing to do any of this can get you in trouble, so best to fess up now and sort it out. |
There is a difference between RESIDENT and RESIDENT FOR TAX PURPOSES. Some of you people just can't figure it out. If you have a lot of ties to Canada, even if you aren't living there, you may still a RESIDENT FOR TAX PURPOSES. The reason why things like Driver's license and Bank account matter is that you need a Canadian address to have either. If you have a permanent address in Canada to maintain these, then this MAY indicate you are a RESIDENT FOR TAX PURPOSES, albeit not physical resident.
But overall decent advice, except for the part about "declaring yourself" and non-resident. There is no way to do that in a binding way, but you can get an "opinion" from an accountant or CRA. |
|
| Back to top |
|
|
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
