Search found 3 matches

by Bonj
Mon Apr 14, 2008 9:53 pm
Forum: Canada / United States Tax & Accounting
Topic: Tax deduction.
Replies: 1
Views: 1667

Tax deduction.

Hi Nelsona, I’ve entered Canada as a landed immigrant on March 24, 2008. On March 1, 2008 I have shipped to my self personal belongings in a container, for which I’ve paid $4500 on the day of shipment. When next year I do my Canadian taxes for 2008, can I deduct the $4500 as personal expenses? T...
by Bonj
Tue Nov 20, 2007 12:57 pm
Forum: Canada / United States Tax & Accounting
Topic: Transferring money from US bank to Canadian bank
Replies: 11
Views: 5040

Once the check is deposited, will the Canadian bank exchange the US$ into CAN$ right the way, or the US$ can be exchange on later date? I’ve red somewhere that once in Canada, I can no longer keep my American brokerage account. Do I have to close it prior to entering Canada? If I enter Canada on, ...
by Bonj
Mon Nov 19, 2007 5:17 am
Forum: Canada / United States Tax & Accounting
Topic: Transferring money from US bank to Canadian bank
Replies: 11
Views: 5040

Transferring money from US bank to Canadian bank

Dear Nelsona, I will be landing from USA to Canada as a landing immigrant. After I land and open a Canadian bank account, I would like at some point to transfer some of the money I currently have in US bank to my new Canadian bank. Could you please advise me what would be the best way to do such a t...