British Expats - Inheritance

British Expats (https://britishexpats.com/forum/)

- Canada (https://britishexpats.com/forum/canada-56/)

- - Inheritance (https://britishexpats.com/forum/canada-56/inheritance-854035/)

Rrunner

Mar 7th 2015 6:03 pm

Inheritance

Does any one know if you have to declare an inheritance from the UK on your tax return in Canada?

JonboyE

Mar 7th 2015 6:05 pm

Re: Inheritance

Quote:

Originally Posted by Rrunner (Post 11585760)

Does any one know if you have to declare an inheritance from the UK on your tax return in Canada?

Yes I do know, and the answer is no.

Rrunner

Mar 7th 2015 6:52 pm

Re: Inheritance

Ok thanks. Sounds about as easy as can be then.

Aviator

Mar 7th 2015 6:54 pm

Re: Inheritance

Quote:

Originally Posted by JonboyE (Post 11585762)

Yes I do know, and the answer is no.

What about if it is over $100k and being held overseas, or is an overseas property?

JonboyE

Mar 7th 2015 7:53 pm

Re: Inheritance

Quote:

Originally Posted by Aviator (Post 11585781)

What about if it is over $100k and being held overseas, or is an overseas property?

The usual rules for the T1135 would still apply.

All times are GMT. The time now is 1:35 pm.