Search found 32 matches
- Sat Jun 01, 2019 2:08 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Returning Canadian resident income attribution
- Replies: 0
- Views: 8590
Returning Canadian resident income attribution
If a couple are tax resident in Canada and one spouse gifts funds to the other then any income earned by the gifted funds is attributed back to the transferor for taxation. However, if the transferor becomes non Canadian resident then the attribution ceases. Would anyone know......If a Canadian coup...
- Wed May 29, 2019 11:41 am
- Forum: Business & Personal Immigration to Canada
- Topic: Canadian attribution of income on gifted funds
- Replies: 1
- Views: 10338
Canadian attribution of income on gifted funds
If a couple are tax resident in Canada and one spouse gifts funds to the other then any income earned by the gifted funds is attributed back to the transferor for taxation. However, if the transferor becomes non Canadian resident then the attribution ceases. Would anyone know......If a Canadian coup...