https://www.theglobeandmail.com/globe-investor/personal-finance/taxes/american-expats-in-canada-heres-how-to-make-sense-of-filing-us-taxes/article19217822/

The US is the only western country in the world that imposes tax on its citizens regardless of where they live and no matter where income is earned. Most countries require only residents to pay tax. If you exit Canada, for example, you don't have to file any more Canadian tax returns.

Depends on your residency so if he isn't a Canadian resident, I guess not.

And I didn't make the chart. CapFriendly does it.

https://www.capfriendly.com/post_tax_calculator



12 month summer and privacy make up the difference.
- Unholy_Goalie

That's funny, cause I've taken courses on Canadian taxes and was told differently than this article. I think it might depend on where your primary residence is or something? But there are definitely clauses in which you must pay tax in Canada even when working abroad.

https://www.theglobeandmail.com/globe-investor/personal-finance/taxes/american-expats-in-canada-heres-how-to-make-sense-of-filing-us-taxes/article19217822/

The US is the only western country in the world that imposes tax on its citizens regardless of where they live and no matter where income is earned. Most countries require only residents to pay tax. If you exit Canada, for example, you don't have to file any more Canadian tax returns.

Depends on your residency so if he isn't a Canadian resident, I guess not.

And I didn't make the chart. CapFriendly does it.

https://www.capfriendly.com/post_tax_calculator



12 month summer and privacy make up the difference.
- Unholy_Goalie

Then why did I have to file when I worked outside of the country?

Then why did I have to file when I worked outside of the country?
- TrashPanda

Because maybe you were still a Canadian resident? An NHL player signing a 7 year deal is going to change his residency relative to where he is playing.

That's funny, cause I've taken courses on Canadian taxes and was told differently than this article. I think it might depend on where your primary residence is or something? But there are definitely clauses in which you must pay tax in Canada even when working abroad.
- Thecakeisalie

So if you sign a 7 year contract in Nashville, where do you think your primary residence is going to be when you're playing 41 games a year in Nashville, plus playoffs and training camp?

These guys hire people to guarantee they keep as many dollars as possible and this poop all goes into the decision making.

Just like if you're a Philadelphia Flyer or New York Ranger, you might live in New Jersey and drive and save money on taxes.

No. This was already decided earlier in the thread.

Both the Norse pantheon and astrology guarantee that Tavares is signing with the Leafs so he can get Mastercraft tools at Canadian Tire.
- Thecakeisalie

Is Thor's Mjölnir a Mastercraft?

Because maybe you were still a Canadian resident. An NHL player signing a 7 year deal is going to change his residency relative to where he is playing.
- Unholy_Goalie

Which I always will be - I've been far enough to know that Canada is the place to be.

I'm not the only one to know this, so please add the Canadian tax rate on top of whatever calculations you decide are appropriate next time.

So if you sign a 7 year contract in Nashville, where do you think your primary residence is going to be when you're playing 41 games a year in Nashville, plus playoffs and training camp?

These guys hire people to guarantee they keep as many dollars as possible and this poop all goes into the decision making.
- Unholy_Goalie

Yeah, you may be correct on this.

In Canadian taxes, its about primary residence, so if you inform the government you're moving to the States then you won't be liable for that tax, although there might be a significant departure tax.

If you are simply working elsewhere but intending to come back to Canada within a certain time period then you still have to pay Canadian taxes. I don't see what the specific time limit is though...

Which I always will be - I've been far enough to know that Canada is the place to be.

I'm not the only one to know this, so please add the Canadian tax rate on top of whatever calculations you decide are appropriate next time.
- TrashPanda

Nope.

Unlike the United States, (which taxes individuals based on their citizenship) Canada taxes individuals based on their residency. Therefore all residents of Canada are required to pay tax on worldwide income earned in a particular calendar year. For income tax purposes, residents of Canada include individuals who permanently reside in Canada, whether as citizens or landed immigrants of Canada. A Canadian resident who leaves Canada on a temporary basis, with the intention to return to Canada in the near future, continues to be considered a resident of Canada for income tax purposes. As a resident of Canada, he or she is required to file an income tax return in Canada every year and is required to report worldwide income earned and pay Canadian taxes on this worldwide income.

Canada also taxes non-residents on certain Canadian source income under certain circumstances, which may include withholding tax on interest, dividends, royalties, etc. paid to a non-resident. In addition, non-residents who "sojourn" (visit and stay in Canada) for greater than 183 days in a given year are deemed to be Canadian residents for income tax purposes and are subject to Canadian tax on their worldwide income.

This seems to explain the rules rather well.
http://www.americanlaw.com/ustxtmp2.html

I think this is UG's win.
After looking at the rules, it looks like he is right about the tax implications.

I think this is UG's win.
After looking at the rules, it looks like he is right about the tax implications.
- Thecakeisalie

Tavares to Golden Knights E5.

Is Thor's Mjölnir a Mastercraft?
- gergeswillems

Sadly no. It's a Bosch. Apparently he contracted a German to make it.

Tavares to Golden Knights E5.
- gergeswillems

Chance to win, make more money, the choice to live quietly in the desert or live fast on the strip.

Or he could come to Toronto.

Sounds like a hard choice.

This is only true if the Canadian citizen stays in the US for less than six months out of the year. A professional hockey player is going to exceed this limit.
- TrashPanda

Greater than 183 days, not less than.

A player is going to be in the US from September to April, May or June, if not longer. That's 8 to 10 months a year outside of Canada, therefore, exempt from Canadian taxes.

This is only true if the Canadian citizen stays in the US for less than six months out of the year. A professional hockey player is going to exceed this limit.
- TrashPanda

Yeah, I don't know anymore. It depends on how many days out of the year they reside in Canada compared to outside. Just how much time is a player from, say, Tampa, going to have to spend in Canada? Plus possible time visiting family and such....

Yeah, I don't know anymore. It depends on how many days out of the year they reside in Canada compared to outside. Just how much time is a player from, say, Tampa, going to have to spend in Canada? Plus possible time visiting family and such....
- Thecakeisalie

183 days is more or less 6 months. It's not even close.

Sadly no. It's a Bosch. Apparently he contracted a German to make it.
- Thecakeisalie

183 days is more or less 6 months. It's not even close.
- Unholy_Goalie

Yeah, like I said, I think you win this one.

Kinda random, but I've been checking out songs on Youtube and just discovered there's an actual band called "Steve N Seagulls".

I know that Steven can be entertaining on here, but I wasn't aware he was a professional entertainer.



Apparently the group is from Finland.

Greater than 183 days, not less than.

A player is going to be in the US from September to April, May or June, if not longer. That's 8 to 10 months a year outside of Canada, therefore, exempt from Canadian taxes.
- Unholy_Goalie

If you stay in the US for longer than 6 months you are considered a resident and can be technically eligible to be drafted into military service. This is also when you need to begin filing for US Federal taxes, and might begin to have problems with INS if you have overstayed your welcome.

While this happens you still need to file your Canadian taxes. You are not taxed as if you worked in Canada the whole time, but there is still a rate that you need to pay.

(frank). Tavares isn't coming then. He's probably going to his home town of Denver....

Huhhhhhhh...

.........

What more evidence do you have that Subban has a flashy personality over Tavares having a quiet personality?

Dude, you have a problem. Stop convincing yourself you are right, I don't know what you have stuck up your ass all day but fix it.
- Santo_44

Are you (frank)ing for real right now?

http://www.pksubban.com/business/



Compared to...

Aren't they taxed based on where they play each game? So their home tax rate is only in effect for 41 games a year?

THIS IS COMPLICATED GUYS, I THINK TAVARES WILL SIGN IN POLAND JUST MAKE THINGS EASIER

If you stay in the US for longer than 6 months you are considered a resident and can be technically eligible to be drafted into military service. This is also when you need to begin filing for US Federal taxes, and might begin to have problems with INS if you have overstayed your welcome.

While this happens you still need to file your Canadian taxes. You are not taxed as if you worked in Canada the whole time, but there is still a rate that you need to pay.
- TrashPanda

That's why they get work visas and/or become dual citizens. Drafted for military service? The hell are you talking about? They have entire teams of people working for them to guarantee they don't pay a cent more than they have to.

Aren't they taxed based on where they play each game? So their home tax rate is only in effect for 41 games a year?

THIS IS COMPLICATED GUYS, I THINK TAVARES WILL SIGN IN POLAND JUST MAKE THINGS EASIER
- daeth

He'll sign in the KHL with Metallurg Magnitogorsk. He's attracted to Russia's negative tax rate.