Tag: T1 personal income tax return

Understanding International Taxation | A Comprehensive Guide

Understanding International Taxation | A Comprehensive Guide

Introduction to International Taxation Definition and Importance International taxation is therefore the legal taxation rules and practices used when people or companies deal in international business. It covers income tax, company tax and inheritance tax among others and may differ considerably from one country to another. It is therefore very important for multinational organizations, expatriates…

Best Practices of T1 Tax Return Filing in Canada

Best Practices of T1 Tax Return Filing in Canada

Individuals are required to file T1 tax returns in Canada to disclose their income and pay relevant taxes. However, to avoid any errors and omissions, it is always better to follow a standard practice and keep in mind the relevant points while preparing your return. What are these standard practices you can follow while you…