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Latest revision as of 16:48, 22 September 2026

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Please be aware that CRA is performing on changing the laws to trace off shore investments. In addition, an American living and working outside north america (expat) may exclude from taxable income her income earned from work outside the usa. This exclusion is into two parts. Fundamental exclusion is limited to USD 95,100 for the 2012 tax year, and memek in addition to USD 97,600 for the 2013 tax year. These amounts are determined on the daily pro rata cause all days on which the expat qualifies for the exclusion.

In addition, the expat may exclude number he or she taken care of housing from a foreign country in far more than 16% of the basic difference.

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