Canada

I had 30% at my last job and thought that was rather high! Mind you I got money back..

2007-12-29 15:04:37 · 2 answers · asked by Anonymous

trying to intersept tax refund from dead beat dad

2007-12-24 05:26:30 · 4 answers · asked by Anonymous

Does anyone know any specific laws in Canada? Such as school tax, income tax, property tax, sales tax, etc? Are there any laws I should be aware of? Any information helps! Thank you.

2007-12-19 12:08:02 · 6 answers · asked by Anonymous

can monetary gifts be tax exempt or lower the amount of taxes i have to pay.

2007-12-16 10:32:12 · 6 answers · asked by W 1

Hi!
I need you to help me find out the amount when it comes to adding taxes....

If I were to add 14% tax (Gsp + Pst), how would I do that? I know I should know but I don't, LOL

Let's say I want to know how much is $56.68 + Tax, is it equal to $64.61 ??

and $61.98 = $70.66 ?? .99 is $1.13, right? I just hate math....I know this is pretty common, but I don't deal with it, so I'm not too sure....10.65 + tax = $12.14, right??

Please answer all my questions.....And please do not make fun, this is serious!!!

Only mature answers please!!!

2007-12-10 14:46:42 · 2 answers · asked by Heartbroken 2

I am a full time employee and my salary is tax-paid by the company I work for. Lets say my income is 40 grand after paying tax, meaning I have this money in my pocket and its all for me.

Now, if I give my house to rental, and earn 12 grand a year, how do I calculate my income tax?

Does my primary job have anything to do with my tax payment?
If so, how is it related?

Thank you.

2007-12-09 02:37:41 · 6 answers · asked by Mike P 3

How can I minimize my taxes? 100K single 21-year-old student Question Details:I'll make between 100K and 200K from a business this year and am a university student living in Ontario. I'm also wondering about the best long-term tax strategy, since I'll be making over 500K for several of the coming years. Can someone answer this in 3 parts?
1. What's the best tax strategy just this year?
2. What's the best strategy for the coming years (e.g. move the business to the Caymen islands, etc.?)
3. What's the best strategy I should take considering where I'm going financially?

A big thanks to whoever can answer this question, and IF YOU’RE AN ACCOUNTANT LEAVE YOUR EMAIL and I may call you about doing taxes if your answer sounds well thought-out!

2007-11-27 08:05:58 · 2 answers · asked by Anonymous

Here's the dilemma...

I m a Canadian citizen who moved to USA on TN for work in July 2007. My bank accounts and car is still registered in Ontario.

I m totally confused how would I file income tax for this year. From Jan - Jul 2007 I was in Canada working for a Canadian employer. From Aug 2007 onwards I m in US working for a US company. Pl let me know if somebody can help?? Say I made 35K in Canada and 30K in USA..How would I be taxed.What forms etc...

Thanks in advnace for your help...

ds

2007-11-22 03:43:03 · 7 answers · asked by Dave_S 1

2007-11-19 05:21:24 · 2 answers · asked by Ryder 1

2007-11-19 05:09:17 · 12 answers · asked by Ryder 1

2007-11-11 11:25:40 · 3 answers · asked by Anonymous

Do you spend most of your time looking for loopholes and finding out ways for people and organizations to avoid paying taxes?

When you do, do you feel as if you are doing something morally wrong?

Many taxes are used for social servies to help people who are less well-off. Does the work of a tax accountant somehow work against these social services (because of the focus on finding ways for people to pay less tax)?

2007-10-29 13:56:09 · 6 answers · asked by winback 1

I know that GST is usally 6%, but I just got a bank charge (by CMHC) that said the GST was 8% is this correct or could this be a bank error?

2007-10-22 11:12:21 · 3 answers · asked by ms tee 2

I'm a Canadian citizen, and I owned a pre-contruction condo for ~2yrs. I do not own any other property.

It was my intent for it to be my principle residence. I went for the house inspection and had my lawyer prepared all the necessary documents. After the inspection, I later realized it was not a place where I want to live in. It was very close to the final date for the ownership transfer (with the developer) and I sold the condos to another person.

My question is if I can treat this as my principle residence and not pay tax on the gain? If not, it this a "capital gain" of which 50% is taxable?

2007-10-21 14:24:38 · 2 answers · asked by Zepan 1

Sold merchandise costing $15000 to Kimmel Company on account for $21000 plus 7% GST of $1470 and 5% PST of $1050; terms FOB shipping point n/30

2007-10-21 13:56:15 · 2 answers · asked by Sandra 2

If I bought a large ticket item in Michigan to bring back to Ontario is there any way around the Michigan sales tax.

2007-10-18 01:35:42 · 4 answers · asked by Gary B 1

I live at home and the rental lease is under my mom's name. However, I pay a substantial amount of rent on a regular basis.
How do I claim this without any proof? Will bank statements or cheques work?

2007-10-11 03:28:28 · 8 answers · asked by mochachips 1

When bookkeeping for a proprietorship and they have a busniess bank account do you have to reconcile the account? They have been making alot of personal purchases through the business account, which I cannot put in, but does it really matter becasue they have to claim it all on there tax return anyways?

2007-10-10 08:30:47 · 2 answers · asked by Anonymous

2007-09-28 16:05:27 · 3 answers · asked by berlytea 4

If this President of Iran say that he will not produce Nuks, you SURE can trust him too, right?

2007-09-28 06:53:53 · 5 answers · asked by Atlas 2

I have four brothers. Our father gave us some land that he owned in another state. If we sell the land, which is part of our Inheritance, Do we have to claim the money as income and pay taxes on it? Each brother will receive a little over $15,000.

2007-09-23 13:58:49 · 3 answers · asked by BayouGuy 1

2007-09-23 12:35:40 · 6 answers · asked by mobilecats 1

2007-09-06 15:50:00 · 6 answers · asked by Anna 1

I would like to take care of two children in my home for some extra cash. I'm not licenced, and was wondering if I have to do taxes on the cash i make and how much do I deduct a month for taxes? I'm in Vancouver, B.C. Canada.

2007-08-16 09:32:19 · 4 answers · asked by Anonymous

2007-08-12 08:25:36 · 2 answers · asked by jessica p 1

Canada Revenue charges about 40% of my salary and I don't quite see where all this money goes. Have you ever analysed the quality of health care..or easily enough...if you drive around Toronto you will see that asphalt is not always there...and yes..the city is very dirty!

Also, why are there schools campaigning to raise money? Isn't 40% of our salaries sufficient to provide for the "public" institutions?

2007-08-07 11:53:31 · 5 answers · asked by Curisoso001 1

Corporation year end is April 10.

Corporation paid salaries April 12.

Does the amount count as an expense for the previous tax year, ending April 10 or the next, beginning April 11?

2007-08-06 06:58:04 · 3 answers · asked by Stephan Wehner 1

2007-08-06 04:26:10 · 10 answers · asked by jaswanth t 1

how much is 10 dollars worth in canadian money?

2007-08-04 13:38:44 · 5 answers · asked by Reefer Goddess 1

and which one has best service/policies/benefits.

2007-08-02 16:53:16 · 2 answers · asked by sathi 2