πŸ‡¨πŸ‡¦ Canada

North America
0 residency programs
Residence-based taxation
Kluane National Park, Canada

Countries / Canada

Known for

Fact Sheet

Continent

North America

Demonym

Canadian

Calling code

+1

Driving side

Right

Motto

From sea to sea (A mari usque ad mare)
Population
35,158,300
Human development index
0.93
Life expectancy
82 years
Gini index
32.10
Unemployment rate
7%
Inflation rate
1.4%
Fertility rate
1.6

Cost of Life

Cost of Living Index
67.62
Rent Index
30.73
Groceries Index
63.68
Restaurant Price Index
63.53
Local Purchasing Power Index
95.09

Taxation overview

Tax system

Residence-based taxation

Countries with a residence-based taxation levy tax from your worldwide income for as long as you're a tax resident of that country. This is the most common taxation system.

Tax residence definition varies from country to country. General rule is you're a tax resident of a country if you spend 183 days or more in it in a year.

Tax Treaties (7)

Canada has concluded 7 tax treaties (also called double tax agreements, or DTAs) with other countries to avoid or mitigate double taxation. Such treaties may cover a range of taxes including income taxes, inheritance taxes, value added taxes, or other taxes.
Note: the list below may not be exhaustive.
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