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Individual Taxation (Tax Resident)

Personal Tax Consulting

  • Foreign asset arrangement
  • Foreign affiliate planning
  • Self-employment vs incorporating
  • Real estate investing, holding or transferring
  • Large amount of funds transferred to Canada
  • Tax resident or Non-resident

Individual Tax Return Filing

  • T1 Taxation slips (T3,T4, T4A, T4E, T4A(P), T4RSP, T5007, T5,T5008, T5013, T2200, T2202A, TL11A)
  • T1135 foreign assets
  • T1134 foreign affiliate
  • T2125 self-employed income
  • T776 Rental income
  • Foreign income
  • Other

Other Service for Individual Tax

  • Reading and explaining CRA letters
  • CRA web my account searching
  • Assisting with tax payment, tax refund and tax installments
  • Communicating with CRA on the phone
  • Wring letters to CRA
  • Making elections on certain tax issues

CRA Tax Review/Audit

  • Large amount of funds transferred to Canada from overseas
  • Frequent property trading transactions
  • Reported income on tax return not matching with expenditures
  • Self-built, rebuilt, substantially renovated housing being sold, the tax implications:
    • exemption for primary place of residence
    • capital gain
    • business income
  • GST issues regarding self-built, rebuilt, substantially renovated housing being sold

Individual Taxation (Non-Resident)

Non-resident Status Declaration

  • Filing Form NR73
  • Filing departure tax

Non-resident Taxation

  • Applying for ITN (Individual Tax Number) (T1261)
  • Rental income tax return for Electing Under Section 216 (T1159)
  • Applying for Certificate of Compliance Related to the Disposition of Taxable Canadian Property