If I live in Nicaragua, do I still have to file income taxes for Canada?
Mario Robleto - SAENICSA Accounting and Tax Services
Canadians are more fortunate than Americans in the case of having to pay income taxes to their home country. From what I understand, the tax system for Canadians is territorial. If you're living in Canada, you pay Canadian taxes. If you live outside Canada, you're freed from the responsibility.
Some of my clients are Canadian-Americans, which creates a problem for them. They don’t have to pay taxes to...
Canadians are more fortunate than Americans in the case of having to pay income taxes to their home country. From what I understand, the tax system for Canadians is territorial. If you're living in Canada, you pay Canadian taxes. If you live outside Canada, you're freed from the responsibility.
Some of my clients are Canadian-Americans, which creates a problem for them. They don’t have to pay taxes to Canada, but they do have to still pay them to the US, subject to exclusions and other issues you should discuss with your personal, licensed tax advisor.
(US Internal Revenue Service website in Spanish, pictured.)
Posted September 14, 2015