As an international student in Canada, how much income tax can i get back?
I have a work permit at the moment and i'm doing an internship which is a part of my University Degree, so i'm still enrolled as a full time student but i'm actually working full time, 40 hrs a week making around $45k a year (before income tax deduction). I started working in May 08. Is it true that I can get all of it back when i file for taxes this year?? That would be so cool...
Canada - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
I dont think so. The CRA only requires that you are a resident, not a citizen in order to be responsible for taxes. You can call the CRA annonymously to find out.
2 :
As a non-resident, you are taxed in Canada on your Canada-sourced income. You need to file a tax return here. However, you may be able to take a Foreign Tax Credit on the tax return of your country of origin for the tax paid here. You don't say where else you pay taxes. Also, the fact that you started working half way through the year means it's likely that too much payroll taxes have been withheld, so you probably will get a partial refund.
Read more other entries :