Canadian Revenue Agency (CRA) is conducting a virtual workshop for international students about taxes in Canada, the benefits and perks of paying taxes , credits available to students and how to not get into any scams.
What is CRA in Canada
CRA is the designated abbreviation for The Canada Revenue Agency, which is the administrative government agency responsible for managing tax laws and collecting taxes in Canada. It is equivalent to the IRS in the United States and the Department of Income Tax in India.
They managed the tax history of an individual – Student, Resident or Citizen in Canada and delivers varuous economic and financial programs for tax layers. They are the entity that manages various tax credits as well as the agency that investigates any tax frauds.
CRA often conducts free webinars and classes to educate youngsters, International students or workers – immigrants in general and new citizens on tax systems in Canada and how to make use of the tax relationship with the government to ensure maximum connectivity with the ruling government.
They are currently organizing an online webinar, especially for students from abroad and immigrants to educate them about the taxing systems in Canada. The webinar is free to attend from anywhere in the world and it will be happening on November 27th of this month.
What will be the nature and content of the webinar by CRA
CRA is aiming to educate new residents about the need to pay taxes and how it will shape the society in which they will be or are a part of. It will also determine the residency status which will further encourage people to invest more for their society.
The webinar will also include a small session which will teach the student or immigrants how to file taxes and the various steps involved in it, explained in simple terms.
How the CRA webinar in taxes will benefit an international student
The international students can attend the seminar and learn the ways to have more savings, reduce expenses and avail various government benefits during their study.
These will also help them build a good credit score and tax history helping them in fostering a good check sheet when paying for a PR or Citizenship in future.
Tax scams and frauds
There will be a session which will explain how tax scams are working and how to avoid that. How the tax scams and other fraudulent methods will create consequences for a better future in Canada. It wil highlight the importance of paying taxes in time in the required manner than evading.
Other things in the webinar
The webinar will also make sure to educate the new comer in understanding the online services and finger tip services that can be availed by them.
More over, at the end of a the session, there will be a questionnaire part where the listeners can get information from the experts, ask the questions and clear any doubts related to that.
Date and time of CRA webinar in taxes in Canada
Date of webinar: 27 of November 2024
Time of webinar : 2PM Eastern Time (Ontario, Canada)
Indian Time: IST 12:30 AM (November 28, 2024)
How to apply for this webinar by CRA
The webinar is online and virtual, mostly going to happen by zoom. The application is done by submitting your full name and e-mail address in the portal to which the link is given below.
Application link for the webinar: https://collaboratevideo.net/cra-arc/CRA-66V/en/register.php