Newcomers
First-year filing, residency status, T1135 foreign-asset reporting, landing and departure — the parts newcomers most often get wrong.
Newcomer Filing Basics: T1135, FBAR and FATCA for Chinese-Speaking Immigrants
Learn T1135, FBAR, and FATCA filing basics for Chinese-speaking immigrants in Canada and the US. Avoid penalties with our cross-border tax guide.
CRA Penalizes New Immigrants for Late Foreign Property Reporting — Critical T1135 Compliance Tips
New immigrants face CRA penalties for late T1135 foreign property reporting. Get critical compliance tips to avoid fines and stay on track.
Newcomers Beware: CRA Cracks Down on Late Foreign Asset Reporting and Denied Foreign Tax Credits
Two Federal Court rulings warn newcomers: late foreign asset reporting triggers $25/day penalties and denied foreign tax credits. Learn how to avoid CRA cr
CRA Penalties on Newcomers for Late Foreign Property Reporting: T1135 Compliance Tips
Learn about CRA penalties for newcomers who miss T1135 foreign property reporting deadlines. Get compliance tips to avoid fines and stay onside with Canadi
Your First Canadian Tax Return as a Newcomer: A Practical Guide
For individuals who have recently arrived in Canada, understanding when tax residency begins and what filing obligations follow is the critical first step
Frequently asked
Do I file in the year I land in Canada?
Once you become a Canadian tax resident you report worldwide income from that date, and generally file your first T1 by April 30 of the following year.
When do I have to file T1135 for foreign assets?
Specified foreign property costing over C$100,000 triggers T1135 — but your first year as a tax resident is exempt from filing T1135 for that year.