non Resident canadian gift to resident canadian kid

Question

1606 viewsJanuary 6, 2021Personal Tax

0

Anonymous Posted January 3, 2021

Is there gift tax implication to Canadian kid living in Canada, received from Canadian parent living abroad (non resident )

score 0 · Answer 1 · 2021-01-06T13:45:05+00:00

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You do not have to pay tax on the gift received.

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