Part of tax planning is determining your residency status. Under Canada’s tax system, your residency status determines your tax obligations and allowable tax deductions. Your personal or business status needs to be properly identified in order to know, and comply with the tax filings you are required to submit.

Determining your residency status takes many relevant facts into consideration. Canadian driver’s licenses, Canadian passports, health insurance, whether or not you or your business has ties with a country that has an established tax treaty with Canada, the amount of time that you live and/or conduct business in Canada, all come into play when determining your residency status required tax obligations.

Residency status is determined on a case by case basis. Contact SamLaw and let us help you to determine your residency status. We can assist you with your tax planning needs and maximize your Canadian allowable tax deductions.