In most cases tax won't apply. Canada uses residency to determine taxation status. If he was a resident of Singapore in the year the money was earned then it will have already been taxed by the Singaporean tax authorities and shouldn't be subject to additional taxes in Canada.RobSg wrote:Hi-
When he wires his money back to Canada (Vancouver) from both his Singapore bank account and his CPF, is that taxed by Canada? His concern is that because of the large taxes in Canada, the tax department will treat that money as income and tax it.
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