Tax 101: International students studying in Canada

by in Tax Advice Information and Updates
Tax 101: International students studying in Canada
Are you an international student studying in Canada? If yes, you may be required to file a Canadian income tax return. Before doing so, you will have to determine your residency status to know how you will be taxed in Canada.

For income tax purposes, international students studying in Canada are considered to be one of the following types of residents:
- Resident (includes students who reside in Canada only part of the year): if you establish significant residential ties with Canada;
- Non-resident: if you do not establish significant residential ties with Canada and you stay in Canada for less than 183 days during the year;
- Deemed resident: if you do not establish significant residential ties with Canada, stay in Canada for 183 days or more in a year and are not considered a resident of your home country under the terms of a tax treaty between Canada and that country;
- Deemed non-resident: if you establish significant residential ties with Canada and are considered a resident of another country with which Canada has a tax treaty.
- Deemed non-resident.

Note that your residency status is based on the residential ties you have with Canada which include having a home in Canada, having a spouse or common-law partner or dependents who move to Canada to live with you and having social ties in Canada.

Once you have determined your residency status, you will be able to determine your income tax filing requirements in Canada.
- For residents of Canada who have entered the country during the year, you must follow the filing requirements for newcomers to Canada.
- For non-residents, deemed residents and deemed non-residents, there are filing requirements that you must follow as well.

Have questions on your tax obligations? Contact KD today!

Source: https://www.canada.ca/en/revenue-agency/services/tax/international-non-residents/individuals-leaving-entering-canada-non-residents/international-students-studying-canada.html, http://www.taxtips.ca/filing/students.htm#international-students-in-canada
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