Might be irrelvant Question to this NG

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Jul 25th 2002, 1:20 am

Jamal

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Might be irrelvant Question to this NG

Hi everyone,

I am an immigrant and my brother in Pakistan is going to help me to purchase a house
here in Toronto and he is planning on sending me CND$30,000 for a down payment. Would
the tax man take part of this money from me?

Many Tanks, Jamal

Jul 25th 2002, 4:20 am

Pmm

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Re: Might be irrelvant Question to this NG

Hi Jamal

"Jamal" <desw@www.omm> wrote in message
news:kiH%[email protected]...
    > Hi everyone,
    >
    > I am an immigrant and my brother in Pakistan is going to help me to
purchase
    > a house here in Toronto and he is planning on sending me CND$30,000 for a down
    > payment. Would the tax man take part of this money from me?
    >
    > Many Tanks, Jamal

Nope.

PMM

Jul 25th 2002, 4:20 am

Bryan Kellar

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Re: Might be irrelvant Question to this NG

Hi jamal!

"Jamal" <desw@www.omm> wrote in message
news:kiH%[email protected]...
    > Hi everyone,
    >
    > I am an immigrant and my brother in Pakistan is going to help me to
purchase
    > a house here in Toronto and he is planning on sending me CND$30,000 for a down
    > payment. Would the tax man take part of this money from me?

There shouldn't be any tax consequences, but you might want to check with your
bank to make sure there are no problems transferring the money from one country to
the other.

Bryan

--
Bryan Kellar, EA Pioneer Tax & Accounting Service Portland, Oregon
www.oregontaxhelp.com