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- Sun Oct 27, 2024 9:06 am
- Forum: Canada / United States Tax & Accounting
- Topic: Cross Border Tax and Regulatory Reporting for financial transactions redulting from a legal settlement
- Replies: 3
- Views: 1876
Cross Border Tax and Regulatory Reporting for financial transactions redulting from a legal settlement
My wife and I were plaintiffs in a civil lawsuit in Toronto Canada to evict a couple of family member (the defendants) from our townhouse located in Toronto, Canada. The defendants purchased the townhouse for $635,262 CAD in August 2016 with funds they were holding in trust for us to pay us for some...