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Korean Job Discussion Forums
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Dev
Joined: 18 Apr 2006
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 Posted: Thu Mar 29, 2007 6:59 pm Post subject: Canadians: Changing your status to non resident |
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I'm sorry. I saw a thread about this topic a couple of weeks ago, but cannot pull it up using the search function $&*%^^%*)@&^! 
How does one go about doing so?
You can only do this after living in Korea for at least 2 years, right?
If you've been here longer than 2 years, will you still get taxed on income made after your two year mark?
I emailed the embassy, but they were "as usefull as titts on a bull". They told me to contact the international tax office. Geez! You think they would have the answer to such routine questions here.  |
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ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
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| Posted: Thu Mar 29, 2007 7:27 pm Post subject: Re: Canadians: Changing your status to non resident |
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| Dev wrote: |
I'm sorry. I saw a thread about this topic a couple of weeks ago, but cannot pull it up using the search function $&*%^^%*)@&^!
How does one go about doing so?
You can only do this after living in Korea for at least 2 years, right?
If you've been here longer than 2 years, will you still get taxed on income made after your two year mark?
I emailed the embassy, but they were "as usefull as titts on a bull". They told me to contact the international tax office. Geez! You think they would have the answer to such routine questions here. |
Good news/bad news time.
The bad news:
There is NO SUCH THING as declaring non-residency.
You can file a NR73 form with revenue canada and they will give you a NON-BINDING determination of your tax status.
http://www.cra-arc.gc.ca/E/pbg/tf/nr73/README.html
The good news:
What you really do is file your taxes for the last year you were in Canada and on the tax form, in the applicable space, write your date of departure from Canada.
As long as you have NO SIGNIFICANT ties to Canada after that point in time they will ignore you (you are non-resident as delcared on your tax return) until you return and start work again.
If/when you start working in Canada again you will file your taxes and place a date of ENTRY to Canada on the form. That is when you become taxable again. |
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