Do Canadian investment immigrants need global taxation?

Canadian tax residents (not necessarily Canadian citizens or immigrants, please refer to the description of the tax bureau or professionals for identification details) whose overseas assets (the definition of specific overseas assets refers to the same as before) exceed $654.38+10,000, and must report to the Canadian tax bureau.

Canada's tax system is based on honesty, credibility and voluntariness. The tax amount is generally calculated according to the figures declared by oneself, but once false declarations are found, they will be divided into fines and even convictions.

Personal income tax is levied on personal taxable income at a progressive rate. Different provinces and years have different tax rates. Moreover, Canada has many conditions for tax reduction and exemption, which is quite different from China. Depending on the individual situation, the calculation of the specific tax amount is slightly complicated, so you can consult a professional accountant.