Form CPT124 Application to Cover the Employment of an Indian in Canada Under the Canada Pension Plan Whose Income Is Exempt Under the Income Tax Act - Canada

Form CPT124 is used to apply for coverage under the Canada Pension Plan (CPP) for an Indian employed in Canada whose income is exempt under the Income Tax Act. It is specifically for individuals who are eligible to have their income excluded from Canadian income tax under the provisions of a tax treaty between Canada and India.

The employer files the Form CPT124 Application to Cover the Employment of an Indian in Canada under the Canada Pension Plan whose income is exempt under the Income Tax Act - Canada.

FAQ

Q: What is form CPT124?
A: Form CPT124 is an application to cover the employment of an Indian in Canada under the Canada Pension Plan whose income is exempt under the Income Tax Act.

Q: Who can use form CPT124?
A: Indians working in Canada whose income is exempt under the Income Tax Act can use form CPT124.

Q: What is the purpose of form CPT124?
A: The purpose of form CPT124 is to apply for coverage under the Canada Pension Plan for Indians whose income is exempt under the Income Tax Act.

Q: What is the Canada Pension Plan?
A: The Canada Pension Plan is a social insurance program that provides retirement, disability, and survivor benefits to eligible Canadians.

Q: What is the Income Tax Act?
A: The Income Tax Act is a law in Canada that governs the taxation of individuals and businesses.

Q: Why are the incomes of some Indians exempt under the Income Tax Act?
A: The incomes of some Indians are exempt under the Income Tax Act due to provisions related to Indian status and the Indian Act.

Q: Is form CPT124 mandatory for Indians working in Canada?
A: Yes, Indians working in Canada whose income is exempt under the Income Tax Act are required to use form CPT124 to apply for coverage under the Canada Pension Plan.