I am relocating to Canada shortly. Are there any income tax optimizations i need to know about or need to plan for?

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Your best tax optimization plan is to not come to Canada lol

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Damn you beat me to the comment. Haha

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Stable social order, upward mobility, polite people, tolerable racism, rampantly multicultural in large cities. Housing madness aside, health care and social services are eons better than most immigrant homelands (source a first generation immigrant who grew up here and living it). Although I’ll probably never be able to buy a house 🤘

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D2 is spot on. All the reasons I immigrated here too

My question is why ? What is the Canadian dream we sell overseas that so many ppl want to come and settle here ?

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Thanks D3 for your honest reply. I have friends from India/ China and when I hear some of tech salaries and opportunities there compared to COL; I wonder the reason to emigrate. Though I agree Canada provides a more efficient govt cleaner environment, and a fast track naturalization process which may be key levers to get immigrants to Canada

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Where are you moving from? And how long do you intend to stay in Canada?

In a few weeks already, and the plan is to stick around for the foreseeable future.

TFSA & RRSP are your best friends if you are a FTE

M1 you are confusing apples with potatoes

Get a good accountant who can advise you best for your personal situation.

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Hi All,
One of my friends has recently joined capgemini and has following doubts related to tax proof.
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Does Capgemini asks for rent agreement along with rent receipts as a part of tax proof submission?
Also which proofs needed for,
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80d - insurance for senior citizen parents
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Stock market stocks crashing please so I can achieve the first $1M goals in Feb!

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To the yoloers reading this and trying to cause gamma squeezes: focus on tickers with low float and weeklies. Monthlies don't hit the right spot. Buy lots of near-OTM weeklies, preferably on Thursday or Friday. As the price goes up keep buying OTM at the same ratio to spot. Shares are fairly useless here, leaps too.

Do it on a ticker with a heavy put volume expiring in the near future too, ideally.
(Cont)

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Would you pay 1800 rent if you’re making around 85,000 USD just to stay with familiar people?

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Theoretically*

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My rent increased 18%. Texas 😒

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Okay, how do you know how much sales tax you owe your state monthly?

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Mortgage rates are quite low. Are you guys buying homes? If so, where are you buying?(assuming we are in endless remote work situation) Good real-estate investment places?

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Total YOE - 4,
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If anyone has any open positions please let me know
25 days left in the notice period.

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