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Lev, Tax Advisor
Category: Tax
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Experience:  Taxes, Immigration, Labor Relations
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Just to add to my question of a few weeks ago. I was granted

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Just to add to my question of a few weeks ago. I was granted the stock options in the UK before I left to live hear in Canada. Will I be subject to double taxation or will I be able to claim either country's tax back?

Hi and welcome to Just Answer!
You will not be subject of double taxation - double taxation is eliminated by the tax treaty between Canada and UK.

I may not say if that income is taxable in UK or not - that is a question to UK tax experts.
However, if it is taxable - as a resident of Canada - you will claim a credit for foreign tax paid on your Canada tax return.

If you are filing a paper return, attach your completed Form T2209, Federal Foreign Tax Credits and documents that show the foreign taxes you paid. -

Complete Form T2209, Federal Foreign Tax Credits and enter the amount from line 10 on line 405 of your Schedule 1.

Let me know if you need any help.

Lev and 2 other Tax Specialists are ready to help you

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