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by vadimg
Sun Feb 11, 2007 7:19 am
Forum: Canada / United States Tax & Accounting
Topic: canadian propery as a gift to parents - are there taxes?
Replies: 1
Views: 1806

canadian propery as a gift to parents - are there taxes?

Hi, we are canadians, non residents (we filled out forms), working in US on H1B. We want to give our property as a gift to our parents. Would we need to pay any taxes ( or would they have to pay it)?
Thanks