Search found 1 match

by vijar
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...