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I am a Canadian Citizen living in the US as a Green Card
Hi, I am a Canadian Citizen living in the US as a Green Card holder, but I am selling my property that I owned in Canada, I would like to understand my tax implications … read more
Debra
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I'm thinking of buying a condo in Ontario, Canada, as a gift
I'm thinking of buying a condo in Ontario, Canada, as a gift for my two daughters, aged 18 and 17. I would be paying cash. Can I put both of their names on the title even if one is still a minor? I wo… read more
Debra
Debra
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How does the sale of Canadian property that belongs in
How does the sale of Canadian property that belongs in partnership to US citizen … read more
Debra
Debra
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I have a valid USA Permanent Residence Card & a valid CT
I have a valid USA Permanent Residence Card & a valid CT (Connecticut) Driver's License; I am a Canadian citizen with an original Canadian Birth Certificate, but I have a Canadian Passport which expir… read more
Debra
Debra
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We have a living revocable trust, for my mother, in NH. My
We have a living revocable trust, for my mother, in NH. My brother and I are 50/50 beneficiaries of her estate. She owns land in Novia Scotia. I read that, upon inheritance, the land is taxed on 1/2 o… read more
Debra
Debra
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My Mother is 90 yrs old living with my sister 70 yrs old in
My Mother is 90 yrs old living with my sister 70 yrs old in Canada. My mother owns her condo outright and intends to leave the property to both my sister and myself. My citizenship is US but my birth … read more
Debra
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Please refer to my previous question which I asked on Nov 13/12.
Please refer to my previous question which I asked on Nov 13/12. It was regarding taxes on inherited property. We are now hearing that "capital gains tax" of 5% of the value has to be paid when the be… read more
Debra
Debra
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I am a Canadian citizen and naturalized US citizen living,
I am a Canadian citizen and naturalized US citizen living, working and paying taxes in the US (non-resident Canadian citizen). My parents intend to leave their estate (a farm) to their 3 children equa… read more
Debra
Debra
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A friend of mine is inheriting a sum of money from her parents.
A friend of mine is inheriting a sum of money from her parents. Her parents were US citizens living in Minniapolis. She is a dual citizen who has lived in Canada for 37 years. She has not lived in the… read more
Debra
Debra
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Thanks for your help Dimitry. I do need to know about how I
Thanks for your help Dimitry. I do need to know about how I need to proceed with declaring my US inheritance to the Canadian/Quebec governments. I know that we do not pay taxes on our inheritance but … read more
Debra
Debra
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Can a Taiwan citizen file financial abuse against a specific
Can a Taiwan citizen file financial abuse against a specific Canadian citizen in Vancouver? The specific Canadian citizen misused of her sister's and father's funds assets in Taiwan; obtaining propert… read more
Debra
Debra
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My uncle has a property in Florida, hes canadian citizen,
My uncle has a property in Florida, he's canadian citizen, he has a will to give my sister and I the house. He's 90 , and call me to go to Florida to transfer the house on both our names, ASAP. We'd l… read more
Debra
Debra
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My sister and myself have inherited an income property in Toronto
My sister and myself have inherited an income property in Toronto Ontario. My did is still living in his principal residence. We decided to sell the property, because neither of us wants the hassle of… read more
Debra
Debra
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Hello My father died in Scotland leaving a holding of shares
Hello My father died in Scotland leaving a holding of shares in Royal Bank of Canada. (He inherited these from an aunt in the US (Florida) about 20 years ago.) We have to pay Inheritance Tax to the UK… read more
Debra
Debra
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Hi - I need clarification, please. This is with canadian and
Hi - I need clarification, please. This is with canadian and u.s. citizens. When my grandfather died, my grandmother (both Canadian citizens) did not want to co-own the house with my mother so she gif… read more
Debra
Debra
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Can a naturalized citizen bring from his country of origin
Can a naturalized citizen bring from his country of origin money from selling his inherited real estate to Canada tax free. Whom should he contact?… read more
Debra
Debra
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Are CPP and Old Age pension tax- free - must I do a tax return
Are CPP and Old Age pension tax- free?- must I do a tax return if my income is well under $20, 000? Must I pay tax on profit from inheritance money (from My recently deceased mother in Aus, either whe… read more
Debra
Debra
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In 2003 we were advised to transfer my parents canadian property
In 2003 we were advised to transfer my parents canadian property from my dad (US citizen-now deceased)to my mom (Canadian citizen) and then to their 3 adult children with 100% life use for my mother. … read more
Debra
Debra
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