Tax on rental income
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We are moving to Toronto in a few months and will have our townhouse rented when we leave. What is the tax rate on rental income on property outside of Canada?
19 Jan 2006, 12:01 Anonymous
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Replies
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you will pay full taxes on the rental income...
...because you are not livng in the residence. For a more accurate answer, contact your tax accountant or the CRA
Anonymous 21 Jan 2006, 03:46 - Report
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