Difference between revisions of "What Is Income Tax?"
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If you get money in these ways, you have to report it the Canada Revenue Agency. They may ask you to pay taxes on this income once every three months.You must report your income from inside and outside of Canada. If you made some money in another country, you have to include it on your income tax return. You may have to pay a large fine if you do not do this. | If you get money in these ways, you have to report it the Canada Revenue Agency. They may ask you to pay taxes on this income once every three months.You must report your income from inside and outside of Canada. If you made some money in another country, you have to include it on your income tax return. You may have to pay a large fine if you do not do this. | ||
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==Who has to send in an income tax return?== | ==Who has to send in an income tax return?== | ||