Work as Consultant while on PR

[ShruteSastry]

Asking for a Friend:

Can he work as consultant for US companies living in Canada as PR holder?

If yes, Any one know of a consultancy that does this?

Thanks

[Sucker]

Just now, ShruteSastry said:

Asking for a Friend:

Can he work as consultant for US companies living in Canada as PR holder?

If yes, Any one know of a consultancy that does this?

Thanks

Client both places lo vunte easy anukunta kadha anna. 

[kevinUsa]

1 minute ago, ShruteSastry said:

Asking for a Friend:

Can he work as consultant for US companies living in Canada as PR holder?

If yes, Any one know of a consultancy that does this?

Thanks

ee offer unte cheppu bro nenu kuda oka 4-5 jobs chesta 

[ShruteSastry]

1 minute ago, Sucker said:

Client both places lo vunte easy anukunta kadha anna. 

May be. He has FT, he wants to move to consulting only, but says cant find lots of consultancies there

[ShruteSastry]

1 minute ago, kevinUsa said:

ee offer unte cheppu bro nenu kuda oka 4-5 jobs chesta 

That was my first question, but he would like to do only 1 job, 

[csrcsr]

5 minutes ago, ShruteSastry said:

Asking for a Friend:

Can he work as consultant for US companies living in Canada as PR holder?

If yes, Any one know of a consultancy that does this?

Thanks

if he has PR and his company is ok to pay him in Canada , there is no immigration requirement he can happily work, if he was on h1 and wants to come back here (assuming his 140 is approved or some h1 time is leftover of the 6 years) if can go stamping and comeback

The above are only interms of immigration not sure on tax implications

[ShruteSastry]

10 minutes ago, csrcsr said:

if he has PR and his company is ok to pay him in Canada , there is no immigration requirement he can happily work, if he was on h1 and wants to come back here (assuming his 140 is approved or some h1 time is leftover of the 6 years) if can go stamping and comeback

The above are only interms of immigration not sure on tax implications

Oh, Thanks Anna. I will tell him these. He has never been to US so no H1.

Rephrasing it : "If he finds a consulting job, he need to talk to the client and check if they will pay him in Canada."

 

[Guest]

21 minutes ago, csrcsr said:

if he has PR and his company is ok to pay him in Canada , there is no immigration requirement he can happily work, if he was on h1 and wants to come back here (assuming his 140 is approved or some h1 time is leftover of the 6 years) if can go stamping and comeback

The above are only interms of immigration not sure on tax implications

Double Taxation

One of the aims of the tax treaty between Canada and the United States is to provide relief from taxation in both the United States and Canada for income earned by Canadians. U.S. citizens and Canadian residents are taxed on their world income. If not for the treaty, Canadians would pay the U.S. tax on their U.S. income to the Internal Revenue Service and pay again to the Canada Revenue Agency. Both U.S. citizens and Canadian residents report their foreign income no matter where they file a tax return, whether in Canada or in the United States.

Reducing Amounts Withheld for U.S. Taxes

Another way the United States-Canada Income Tax Treaty is beneficial to Canadians with income earned in the United States is to prevent amounts from being withheld for taxes. This is accomplished by providing a form, called a W-8BEN, to the income provider which you sign and in which you promise to declare the U.S. income on your Canadian tax return.

Taxes Paid in the United States

If taxes were deducted from your income, you can claim those taxes as if you paid them to the CRA. Because you have a duty to report all your U.S. income on your Canadian return, the income is deemed taxable as Canadian income. The usually lower U.S. income tax rate could leave you with an amount owing for the difference between the United States and Canadian income tax rates.

U.S. Canada Exchange of Your Financial Data

If you think the CRA does not have methods of finding out about U.S. income, think again. If an account held by a Canadian resident is recognized as a ‘reportable’ account by a U.S. financial institution, the information is sent by the financial institution to the IRS, which in turn transmits the information to the CRA. Tax evasion is a criminal offence in Canada and the United States.

[Pahelwan2]

1 hour ago, ShruteSastry said:

Asking for a Friend:

Can he work as consultant for US companies living in Canada as PR holder?

If yes, Any one know of a consultancy that does this?

Thanks

Job unte cheppu na consultancy la run chesta. Inka boni kottaledu mi friend tho kodta. 

[ShruteSastry]

1 hour ago, Pahelwan2 said:

Job unte cheppu na consultancy la run chesta. Inka boni kottaledu mi friend tho kodta.