Every year more than 600,000 international students travel to Canada to continue their studies in higher education. When planning a move to Canada as a foreign student, tax organization is key – this is where Sprintax comes in. Sprintax specifically caters to the more than two million non-residents visiting North America each year to live, work, and study. Sprintax also partners with universities and employers to ensure non-resident employees, students, and scholars are taxed correctly on income earned. With the support of Enterprise Ireland, Sprintax partners with eight of the top 10 universities in the United States.
“Sprintax is a unique SaaS solution,” says Sprintax Commercial Director, Joanna Murphy. “Today, we are proud to report that our solution supports non-residents in Canada as well as the US with every tax requirement they may have and ensures full compliance with their tax obligations.”
Sprintax Canada offers the only online self-preparation software for non-resident Canadian tax return preparation. To access their completed, fully compliant tax return, students complete a short questionnaire, answering questions about their income, deductions, and eligible tuition expenses. After questionnaire completion, the Sprintax software automatically generates ready to download tax forms. Users are also guaranteed to receive their maximum Canadian tax refund, as the software ensures the claim of any qualifying federal and provincial tax relief deductions.
“It’s clear that Sprintax is a unique solution and there is simply no other product like it on the market,” says Shaun Ryan, Market Executive – Canada, Enterprise Ireland. “It is fantastic to see such innovation and global ambition displayed by an Irish company. Sprintax Canada is a textbook example of how much can be achieved when Irish entrepreneurial minds come together.”
Sprintax Canada also generates complete federal and provincial tax and employment documents (including Federal TD1, Provincial TD1, TP-1015.3-V forms, and more). With Sprintax, payroll departments can easily manage the tax profiles of their international employees all in one place through a user-friendly dashboard.
Sprintax Canada determines tax residency status, calculates the correct income tax withholding for each non-resident and outlines whether they are eligible for any tax treaties or deductions.
The software is the brainchild of Terry Clune and part of the Clune Technology Group (formerly the Taxback Group) – an organization headquartered in Ireland, employing over 1,500 staff members across 33 countries around the world. Clune Technology Group is the parent company to Ireland’s most successful and groundbreaking Fintech brands including TransferMate Global Payments, Immedis, Taxback International, and Taxback.com.
Sprintax’s North American operations are led by Vice President Enda Kelleher. Based in the company’s New York City office, Kelleher leads the Sprintax team all over the US and Canada to speak with staff and students at universities and trade shows – offering workshops, webinars, and demos on US and Canadian taxes for non-residents.
“We are all incredibly proud of Sprintax,” Kelleher continues. “To date we have partnered with eight of the top 10 universities in the US – this is an outstanding achievement. Our expectation is that our product will continue to go from strength to strength in the coming years and exhibit the same phenomenal patterns of growth in Canada that the company has already displayed. We are excited about the prospect of spreading our wings and developing even further in Canada.”
In the past, tax organization has always been a headache for the 600,000 students new to North America. Sprintax has recognized that issue and provides a simple and comprehensive solution to non-resident students as the software caters directly to their tax needs.
