Many China citizens, after emigrating to Canada, are not familiar with the tax rules of Canada, and it is inevitable that they will get into trouble in one way or another economically. If you have a basic understanding of Canada's tax principles in advance, the situation will be very different. The basic regulations of individual tax in Canada are briefly introduced to readers for reference. I. Income Tax All Canadian citizens, permanent residents or people who work or do business in Canada must pay income tax to the federal government of Canada and the provinces where they are located. Income tax includes all kinds of income of the applicant in the past year, such as salary, securities trading, bank interest, loans, pensions, relief funds, etc. According to the annual tax returns issued by the federal and provincial governments, the annual tax rates vary from province to province.

II. Taxes of Canadian Residents

1, Canadian residents need to pay tax on all global income to the Canadian Taxation Bureau, but countries with tax treaties with Canada will not double tax;

2. Income from different regions and different types belongs to the scope of collecting Canadian income tax, and the income tax is calculated together;

3. The marginal tax rate of Canada's income tax can be as high as 54%. Canada's tax system adopts a "conscientious tax return" system. When taxpayers fill in the tax form, they must swear that each item of the tax form is correct and complete, including all kinds of income of taxpayers in a year.

According to Canada's tax law, the maximum penalty for tax evasion is twice the tax, plus interest and fine, which will be a heavy burden for a family, and once convicted of tax evasion, it can be sentenced to up to five years in prison.

III. Taxpayer's Scope Anyone who meets any of the following conditions must pay the income tax of the current year to the Canadian government and the local provincial government.

1, Canadian residents (generally speaking, they have lived in Canada for a full year or more than 183 days);

2. I have lived in Canada for less than 183 days in a year, but my spouse and immediate family members have settled in Canada;

3. Doing business or employment in Canada;

4. I want to apply for some tax refund items or allowances from the Canadian or provincial governments; 5. Have sold real estate (such as stocks, bonds, real estate, etc.) in Canada or gained income from taxable wealth.

Iv. calculation of tax amount tax amount = (total income of the whole year-amount not subject to tax)? tax rate

1, the total income of the whole year. The total income of the whole year refers to all the income and sum during the period from 1 month 1 day to1February 3 1 day, including employment income, enterprise income, tax income, investment income and various allowances.

2. Non-taxable amount The most obvious non-taxable amount includes:

(1) maintenance; (2) A moving expense (the expense of moving to Canada from abroad cannot be deducted from the total income, but the moving expense in Canada can be deducted); (3) union fees; (4) Membership fees of professional groups; (5) Some expenses related to employment; (6) retirement savings; (7) study and book fees, etc. (8) child care fees; (9) Some donations, etc.

3. In addition to the non-tax-deductible items for tax reduction and exemption, a part of personal income tax may also be deducted under one of the following circumstances:

(1) Because of age; (2) One or several children who live alone or are raised by one person; (3) married people;

(4) having children to bear; (5) there are others to bear; (6) disabled people; (7) Some medical expenses and medicines.

Under certain conditions, taxpayers can also apply for other aspects of tax reduction or exemption.