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Cross-Border Tax

Please note: Insights articles are general information for reference only, not tax, accounting, legal or investment advice. Tax law and government rules change, and the figures and rules in each article are as of its publication or update date. Every person’s and every company’s situation is different, so please consult a professional before making decisions.

  1. Income from China: Do You Have to Report It in Canada?The basic rule for Canadian residents reporting worldwide income, which income from China and Hong Kong you need to report

    Updated 2026-11-055 min read

  2. What Does the Canada–China Tax Treaty Cover?Avoiding double taxation, deciding residence status, which country taxes each type of income

    Updated 2026-11-056 min read

  3. Tax Already Paid in China: Can You Claim It in Canada?How to use the foreign tax credit, which records to keep, what happens when the credit can't all be used

    Updated 2026-11-054 min read

  4. T1135 Foreign Property Reporting: What to Report and How the $100,000 Test WorksWhat has to be reported, how the cost threshold is calculated, assets you don't report, penalties for not filing

    Updated 2026-11-056 min read

  5. What Sheng Qian CPA Can Do for Cross-Border Families: From Tax Returns to Foreign Asset ReportingServices and fees for reporting foreign income, the foreign tax credit, T1135 and T1134, cross-border planning and catching up on past years, how to get started

    Updated 2026-11-054 min read

  6. Foreign-Currency Income and Assets: How to Convert to Canadian DollarsThe annual average exchange rate and the exchange rate on the day of the transaction, sources the CRA accepts

    Updated 2026-11-055 min read

  7. Renting Out a Home in China: How to Report the Rent in CanadaReporting foreign rental income, deductible expenses, currency conversion, the foreign tax credit

    Updated 2026-11-055 min read

  8. Selling a Home in China: Is There Canadian Capital Gains Tax?How the cost base is set (when you landed matters), exchange rates, and whether the principal residence exemption can be used

    Updated 2026-11-056 min read

  9. Hong Kong and A-Share Accounts: Reporting Dividends and Capital GainsReporting income from brokerage accounts outside Canada, the cost base and exchange rates

    Updated 2026-11-055 min read

  10. Hong Kong MPF, Savings and Shares: How to Report Them After Moving to CanadaHow to approach the MPF for tax, reporting interest and dividends, and the T1135

    Updated 2026-11-056 min read

  11. Living in Canada, Working Remotely for a Chinese or Hong Kong Company: How Is It Taxed?Where employment income is sourced, the tax treaties, and how to handle tax deducted on both sides

    Updated 2026-11-056 min read

  12. Money from Parents in China: Do You Report It? Will Anyone Ask?Canada has no gift tax, proof of the source of funds, and reporting accounts outside Canada

    Updated 2026-11-054 min read

  13. Inheriting Assets Abroad: Is There Tax in Canada?Canada has no inheritance tax, but income and sales after you inherit have to be reported; the documents to keep

    Updated 2026-11-055 min read

  14. Large Transfers Into and Out of Canada: Why Banks Ask and What to PrepareFinancial institutions' reporting obligations, explaining the source of funds, and the records to keep

    Updated 2026-11-055 min read

  15. Shares in a Foreign Company: When Do You File the T1134?Who has to file, what to report, and how it differs from the T1135

    Updated 2026-11-054 min read

  16. Beneficiary of a Foreign Trust: What Do You Have to Report?Reporting distributions from, and loans with, a foreign trust (T1142 and other forms), and points to watch

    Updated 2026-11-056 min read

  17. How Does the CRA Know About Your Foreign Assets? CRS Information ExchangeThe Common Reporting Standard, what information is exchanged, and what it means for your filings

    Updated 2026-11-054 min read

  18. Unreported Foreign Income from Past Years? The Voluntary Disclosures ProgramVDP conditions and process, and how it differs from being caught

    Updated 2026-11-055 min read

  19. Canadian Residents with US Shares or Property: The US Taxes to WatchUS dividend withholding, the US estate tax risk, and what the Canada–US tax treaty does

    Updated 2026-11-055 min read

  20. Spending Several Months a Year in China: Does It Affect Your Canadian Tax Residency?How residential ties are assessed, and the risks of a long absence

    Updated 2026-11-055 min read

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