Non-Resident Speculation Tax: Navigating Ontario’s Property Market in 2023
Getting Started Okay, so you've probably heard about the Non-Resident Speculation Tax (NRST) in Ontario. It's a bit of a mouthful, but it's an important part of the real estate scene here. Essentially, it's a tax aimed at keeping a check
How To Save Tax By Sending Money To Family As Ex-Pat?
Can ex-pats save tax by sending money to their families in the USA? American ex-pats living abroad come across certain sticky situations when it boils down to taxpaying. The most significant of them is double taxation. Ex-pats are always anxious about
What Non-residents need to learn about gift tax in Canada?
If you are giving property to Canadian residents, being a non-resident, then you must keep cognizance of some guidelines related to the tax receipts and slabs. There is no such provision to attach a gift tax in Canada, however, only
Tax guide for non-resident citizens living in Texas
Taxes are an essential part of any society. Every individual pays them for the different services they obtain. Any income generated is also taxable according to government laws. This can be really confusing for anyone trying to do their own
Everything about rental income earned by non residents in USA
There are many “non-resident aliens” in the USA who own a property in the country and earn rental income from it. It is a commonly known fact that any form of income that is earned within the geographical boundaries of