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If you are a US citizen and commute from the US to Canada to work everyday then you do not pay Canadian taxes. Canadian income tax is on the basis of residency rather than citizenship.
However if you are a US citizen that lives in Canada either part time or full time for the purposes of employment then you are considered a resident of Canada. Then you must file two returns each year: a Canadian return because you live there full or part time, and a U.S. return because you are a U.S. citizen. Fortunately, this does not necessarily mean you'll have to pay taxes to both countries but depending on your income you may be required to pay taxes in both countries..
You may be able to exclude up to $85,700 from income for US tax purposes by completing Form 2555 and attaching it to your return. Form 2555 is a special form excluding foreign earned income from taxation in the United States. To claim this exclusion you must be a bona fide resident of Canada or must have been living in Canada as a part-time resident for at least 330 days out of the last 12 months.
You are also allowed to claim a foreign tax credit on your U.S. return for taxes you are required to pay to Canada. To claim the credit, you must complete Form 1116 and attach it to your U.S. return. Alternatively, you can claim the Canadian taxes you paid as an itemized deduction. Both the deduction and credit are limited to foreign income that is subject to U.S. tax, so neither can be claimed for income excluded on Form 2555.
If you live outside the U.S., you have an automatic extension of two months to file your U.S. tax return. In other words, your U.S. return is due on June 15 each year, rather than April 15. This provides time for you to complete your Canadian return and determine your Canadian tax liability. This is needed in case you have to claim the foreign tax credit on your U.S. return. Note that while you have until June 15 to file your US tax return if you live in Canada, the IRS will begin assessing interest on any unpaid balances on April 15th.
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How do the citizens of Canada participate in their government?
Organizations run, operate and represent workers in the justice system, citizens pay for it and are kept in line by it.
Is there anything like citizens advice bureau in Canada?
In the UK anyone can get free legal advice from the Bureau. In canada you have to pay a lawyer as the Goverment does not fund one.
How much sales tax is charge on used cars in Canada?
Private sales of used cars pay only the PST. Used cars bought from Dealers pay both PST/GST (the dealers are providing a service - go figure).
Is lasik cheaper in Canada?
Yes. Try LasikMD, the largest provider of LASIK in Canada. Estimate my savings are over $1,000 over US pricing. Call them and they will tell you the rates. Additionally, if you pay in American currency, there is no PST/GST tax, and also a further 20% discount. Plus any benefits from the exchange rate.
Which government pays for health care for all its citizens?
Anyone who lives in Canada is reqired to pay taxes. These taxes cover healthcare, school funds, building roads etc.
Do you have to pay taxes for buying a used car?
I assume you are in the Canadian market and the taxes are in Canada. When buying from a dealer you should expect to pay 13% of tax, both GST and PST. But when buying from a private person you are only responsible for 5% GST.
How much duty does a Canadian pay when buying a new 9500 ATV in the US to bring it in to Canada?
If it's made in the US there is no duty importing into Canada just GST possibly PST and the RIV fee.
If you buy a used car from brother-in-law do you pay sales tax?
This will apply in Canada, not sure if you are in U.S or not. When buying a car from your parents the government of Canada will allow them to make a one time donation as a personal gift to you, free of taxes. But that will not apply in the case of brother in law. When buying a used vehicle personally in Canada you only pay the 5% GST
Do you pay duty on appliances purchased in the US and brought into Canada?
I've imported a car and a motorcycle from the US into Canada. This is what I know about importing vehicles, and I think it's the same for appliances: It depends where it's made. If it's made in the US, there is no duty and you will pay GST/PST at the border. If it's not made in the US, then there is a 6.1% duty, then GST/PST. Hope this helps.
How do the citizens of Canada participate in their government?
Organizations run, operate and represent workers in the justice system, citizens pay for it and are kept in line by it.
Do you pay gst on a used car purchased at an auction in Alberta if you are a resident of Alberta?
Yes, as long as the auctioneer has a GST registration (does more than $50k business in a year) - everyone, whether resident in Alberta or not would have to pay the GST.
Do you pay GST on pets?
No you don't. At least not in Australia.
How much do hospitals pay for human plasma?
In Canada it is free, provided by the donations of the citizens.
Do you have to pay gst on a used snowmobile purchase in Ontario?
yes
Do you have to pay gst?
when you buy things it will be added to your bill. if your a business then yes you will have to pay the government directly
How much is the GST in Ontario Canada?
The GST rate across Canada, including Ontario is rated a 5%. The PST rate in Ontario is 8%. The total tax percent, GST & PST combined is 13%. On July 01, 2010, the existing GST & PST will be replaced by one tax called Harmonize Sales Tax (HST). The tax rate will be 13%. The price tags on items will now include the taxes. For example; A sweater price tag says, $13.56. You will pay ONLY $13.56 Right now, the same sweater price tag says. $12.00. You pay $12.00x5% GST=0.60 , $12.00x8% PST=0.96 Total cost $13.56 The only difference is your receipt will show $12.00 + GST/PST and total of $13.56. With the HST,you won't see the taxes, because it's included in the price. Your receipt will only $13.52 total price. Hope this helps.
How much is the gst in Canada?
The GST rate across Canada, including Ontario is rated a 5%. The PST rate in Ontario is 8%. The total tax percent, GST & PST combined is 13%. On July 01, 2010, the existing GST & PST will be replaced by one tax called Harmonize Sales Tax (HST). The tax rate will be 13%. The price tags on items will now include the taxes. For example; A sweater price tag says, $13.56. You will pay ONLY $13.56 Right now, the same sweater price tag says. $12.00. You pay $12.00x5% GST=0.60 , $12.00x8% PST=0.96 Total cost $13.56 The only difference is your receipt will show $12.00 + GST/PST and total of $13.56. With the HST,you won't see the taxes, because it's included in the price. Your receipt will only $13.52 total price. Hope this helps.
