Thanks for the reply.
So if I understand, the 25% would be withheld by the Canadian government and then reimbursed?
Search found 2 matches
- Fri May 26, 2017 1:11 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Inheritance tax for Canadians in US
- Replies: 4
- Views: 2904
- Fri May 26, 2017 9:55 am
- Forum: Canada / United States Tax & Accounting
- Topic: Inheritance tax for Canadians in US
- Replies: 4
- Views: 2904
Inheritance tax for Canadians in US
I'm a Canadian residing in the US.
I will be inheriting some money from a Canadian relative and I have read I will be hit with a 25% inheritance tax by the Canadian government as a non-resident, which my siblings living in Canada would not pay.
But I've also read that the Canadian-US tax treaty may ...
I will be inheriting some money from a Canadian relative and I have read I will be hit with a 25% inheritance tax by the Canadian government as a non-resident, which my siblings living in Canada would not pay.
But I've also read that the Canadian-US tax treaty may ...