Dear David,
I appreciate you replying to me. I have one further question. In Canada
are gifts taxable?
For instance if a family member gave me a check (not for providing a
service)
Many Thanks,
J
=========================
david ingram replies:
Gifts are not taxable to the recipient in any country that I know of.
An exception in the US would be that if you received a very large gift that
the "giver" should have paid gift tax on, than the recipient could have to
pay the tax that the giver should have paid.
David Ingram's US/Canada Services
US / Canada / Mexico tax, Immigration and working Visa Specialists
US / Canada Real Estate Specialists
4466 Prospect Road
North Vancouver, BC, CANADA, V7N 3L7
Res (604) 980-3578 Cell (604) 657-8451
(604) 980-0321 Fax (604) 980-0325
Email to taxman at centa.com <mailto:taxman at centa.com>
www.centa.com <http://www.centa.com> www.david-ingram.com
<http://www.david-ingram.com/>
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