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Tax Advice from Canadians!

 
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acegrand



Joined: 15 Nov 2006

PostPosted: Fri Feb 09, 2007 7:51 pm    Post subject: Tax Advice from Canadians! Reply with quote

This is my first year in Korea, and I am not all that keen on paying Income tax back home when they have done nothing for me. I am going to apply for non-residency, but is there any other ways around paying taxes back home that Canadians who have been here for a while have found? Any advice is much appreciated.[/b]
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Jarome_Turner



Joined: 10 Sep 2004

PostPosted: Fri Feb 09, 2007 8:02 pm    Post subject: Reply with quote

Don't apply for non-residency. Don't pay your taxes while you are here. If they question you about it when you go home (highly unlikely), you can then apply for non-residency status retroactivly (for the time you were out of the country). As long as you didn't own a house, land, car payments, etc... while you were in Korea, you should be able to prove you were a non-resident at the time. It should be no problem.
Also, keep a copy of all the forms showing what taxes you pay on your income here. If you can show you paid taxes on your income earned here (albeit to the Korean gov't), you will be less likely made to pay at home.
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mithridates



Joined: 03 Mar 2003
Location: President's office, Korean Space Agency

PostPosted: Fri Feb 09, 2007 8:17 pm    Post subject: Reply with quote

Here's what we've got:

http://wiki.galbijim.com/Tax_issues_for_Canadian_expats
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