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   can.taxes      All that "free" healthcare has a price      23,408 messages   

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   Message 22,395 of 23,408   
   Alan Bowler to Andy Petro   
   Re: German pension   
   15 Feb 12 12:23:05   
   
   From: atbowler@thinkage.ca   
      
   On 2/14/2012 9:01 PM, Andy Petro wrote:   
   > How much can we deduct from a German pension received from Germany. Was 50 %   
   > last year   but it caused double taxation which Ottawa was fighting.   
      
   First you need to explain the situation more clearly.   
      
   Generally you don't "deduct" anything from foreign income.   
   That is normally done by whoever is paying you before you   
   receive it, and then you claim credit for taxes already   
   paid (deducted), even though they were paid to the the foreign government.   
   This usually works out to about a 50/50 split of the actual   
   tax between the two governments, but details vary based on the   
   particular tax treaty.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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