Banking Missteps and Blessings: Taxes

In my previous post I talked about how I’d like to ensure that my investment accounts are properly classified for the Canadian Revenue Services (CRA) since I’m a Canadian non-resident living overseas. I do NOT want to get in trouble with the tax authority when I return back to Canada. This was also something my accountant encouraged me to do too.

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Taxes: A Canadian Expat’s Perspective

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Taxes.

What…wake up! Zzzzz…..certainly a topic that puts many of us to sleep.

However for me, living as an overseas Canadian, taxes are an issue that I’ve been grappling with for many years. Just when I think I understand it. I realize perhaps I don’t! Taxation and investing are two issues that are closely intertwined so it’s a topic I feel that I really need to understand. So feel free to correct any misconceptions that I have. I seek enlightenment in this area!

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