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The Greenbooks Consulting Inc.
100 - 3011 Viking Way, Richmond, BC
V6V 1W1
The The Greenbooks Consulting Inc. Team is your source for the latest Canadian tax news and updates on changing tax laws.
We are pleased to provide a variety of resources on accounting, bookkeeping taxation, and other related subjects that we hope will be helpful to both individuals and businesses.
If you have any questions, simply contact us by email or call 604-779-3064. We will be happy to meet with you for a free, no-obligation consultation.In Canada, gifts and inheritances are generally not taxable to the recipient. However, there are some important nuances and exceptions to consider:
While gifts and inheritances are typically not taxable, there are some exceptions and special cases to be aware of:
Additionally, provincial, or territorial tax rules may also apply, so it's essential to consider both federal and provincial/territorial tax implications.
It would be prudent to consult with our office for specific guidance on your individual circumstances, as tax laws can be complex and subject to change.
When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.
The Greenbooks Consulting Inc.
100 - 3011 Viking Way, Richmond, BC
V6V 1W1
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