150. Dual taxation India and Canada

Q: My Bro is a Canadian Citizen. He & his Family (i.e. Wife & 2 Kids) have surrendered there Indian Citizenship & he also has a Child born after he emigrated to Canada. He says if he takes up Dual Citizenship, regardless of his Income in India he still will have to pay taxes here. Which means he ends paying taxes in 2 countries for his income in Canada. Does it Work That way? Does he have to renew his Dual Citizenship Yearly? A. For his income in Canada your brother does not have to pay any taxes in India. Dual taxation treaties exist between Canada and India. As for your second question, India does not allow dual citizenship but offers the overseas citizen of India (OCI) which is a lifelong visa and there is no requirement to renew this yearly.
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
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150. Dual taxation India and

Canada

Q: My Bro is a Canadian Citizen. He & his Family (i.e. Wife & 2 Kids) have surrendered there Indian Citizenship & he also has a Child born after he emigrated to Canada. He says if he takes up Dual Citizenship, regardless of his Income in India he still will have to pay taxes here. Which means he ends paying taxes in 2 countries for his income in Canada. Does it Work That way? Does he have to renew his Dual Citizenship Yearly? A. For his income in Canada your brother does not have to pay any taxes in India. Dual taxation treaties exist between Canada and India. As for your second question, India does not allow dual citizenship but offers the overseas citizen of India (OCI) which is a lifelong visa and there is no requirement to renew this yearly.
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
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