Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department. Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.
On the basis of our understanding of the facts set out above, the income tax return which you are required to file in respect of 19(1) should include your world income for the period during which you were resident in Canada, provided you were not carrying on business in Canada or employed in Canada subsequent to your departure from Canada.
Assuming that you were not employed in Canada and did not carry on business in Canada subsequent to your departure, your pension and any Canadian source investment income earned after your departure would not be reported in the income tax return required to be filed for XXX. While these amounts do not have to be included in your return, they may nevertheless be subject to withholding tax in Canada. For example, your pension payments are subject to a 15% withholding tax on amounts received in excess of ten thousand dollars in any year. This is provided for in the Income Tax Act of Canada and the 1977 Canada-Italy Tax Convention. This withholding tax is, of course, required to be withheld from your pension cheques by your pension trustee and is remitted directly to the Department of Revenue on your behalf.
We trust these comments will be of assistance.
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© Her Majesty the Queen in Right of Canada, 1983
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© Sa Majesté la Reine du Chef du Canada, 1983
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