Author: Clint Curtis

Does Everyone Pay Ei In Canada?

Everyone pays the same rate of EI premiums, whether they’re self-employed or an employee. Does everyone have to pay EI? Employment Insurance (EI) premium If you are employed in insurable employment your employer will deduct EI premiums from your pay. There is no age limit for deducting EI premiums. EI provides you with temporary financial […]

How Is Exit Tax Calculated In Canada?

Key Departure Considerations: A sale of Canadian real estate is subject to a non-resident tax of 25% of the gross proceeds unless the appropriate tax certificate of compliance is obtained in a timely manner. How do you calculate departure tax in Canada? How is Departure Tax Calculated? Departure tax is calculated by determining the fair […]

How Do You Avoid Us Withholding Tax On Dividends In Canada?

Qualifying to reclaim U.S. withholding tax U.S. stock dividends paid into an RRSP, registered retirement income fund (RRIF) or a similar registered retirement account are generally free from withholding tax for Canadian residents who have completed W-8BEN forms. Do Canadians pay taxes on US dividends? What do you pay? The U.S. withholding tax rate charged […]