Unfortunately you do… don’t Canadian taxes totally suck? That’s why I left and so did my sisters… 37% off the top on a 50K salary gag, not to mention GST and PST, property taxes *frick! And we want the freakin’ Olympics sheesh, pay off the damn national debt!!!
Ok no more ranting hehe.
For your next Cdn tax return you’ll have to check off the Non-Residance Status in your tax return(in order to avoid future income tax payments). You’ll still have to pay taxes on any earnings in and out of Canada for 2003 though. There’s a field on your tax return for “Earnings outside of Canada”. Plus your still gonna have to cut a cheque for CPP/EI every year(i forgot the % of earnings, call Revenue Canada). Oh yah you should sever all financial ties, like close bank accounts. cancel credit cards so that you don’t earn interest and have the feds audit you in the future.
Isn’t Canada the best place to live?!? Of course you cannot pay and try to get away with it, many people do, but you may get audited in the future but it’ll be difficult for them to prove… IF they do successfully audit you in the future, you’ll just have to backpay any taxes you owe plus some interest, so it’s no biggie… many people do it.
For the second part, i don’t think the Canadian gov’t tracks their money as anal as the American’s. I made a money transfer between my HSBC accounts but damn, they charge out of the wazooo for s/c on both sides of the Pacific. Is that 10K Cdn or 10K NT? I think it’ll be ok to transfer 10K Cdn but dang, what if there was a banking error :?