Search found 2 matches

by goldstone
Sat Jun 01, 2019 2:08 pm
Forum: Canada / United States Tax & Accounting
Topic: Returning Canadian resident income attribution
Replies: 0
Views: 233

Returning Canadian resident income attribution

If a couple are tax resident in Canada and one spouse gifts funds to the other then any income earned by the gifted funds is attributed back to the transferor for taxation. However, if the transferor becomes non Canadian resident then the attribution ceases. Would anyone know......If a Canadian coup...
by goldstone
Wed May 29, 2019 11:41 am
Forum: Business & Personal Immigration to Canada
Topic: Canadian attribution of income on gifted funds
Replies: 1
Views: 210

Canadian attribution of income on gifted funds

If a couple are tax resident in Canada and one spouse gifts funds to the other then any income earned by the gifted funds is attributed back to the transferor for taxation. However, if the transferor becomes non Canadian resident then the attribution ceases. Would anyone know......If a Canadian coup...