GoNordiquesGo
Registered User
Actually the dispute seems to be only with regards to his 2018 year. He probably changed residency after having signed that contract and is probably now a Canadian resident (factual test). But for his first year bonus (2018), he received it at the time where he was still a US resident. His first year bonus was USD $15.25M which translated to CAD, probably less escrow, seems in line with CRA's increase in revenue in 2018. They are disputing whether that original signing bonus should still be taxed as employment income in Canada even though he was still a US resident and not yet working in Canada. This shouldn't cause too much impact on the taxation of the rest of his earnings.