China’s 1 Percent Flock to Canada

Re:China’s 1 Percent Flock to Canada by simonh on Tuesday April 12, 2016 @09:11AM (#11479205)

They're not earning their money in Canada, so what's that got to do with the Canadian tax system? Whether or not they pay tax in China is China's problem, just the same as with any other money transferred from abroad.

If I retire and moved to Canada with $10m (I wish), how much tax would I have to pay at the border? Would it matter which country I'm moving from?

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Re:China’s 1 Percent Flock to Canada by kspaans on Tuesday April 12, 2016 @09:24AM (#11479307)

As a resident Canadian citizen (or permanent resident, or someone with a work permit) you are, generally speaking, supposed to pay Canadian taxes on earnings made abroad. IANATL, but I guess if your income comes from parents who live abroad you can get around most income taxes?

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