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Forum: Canada

Nov 7th 2016, 7:05 pm

Replies: 4

Inheritance Tax?

Views: 1,207

Posted By JonboyE

Re: Inheritance Tax?

The 25% applies to non-residents selling Canadian real property. I don't know the exact circumstances but the deceased's estate will likely be a trust resident in Canada so the withholding will not...

Forum: Canada

Oct 16th 2016, 3:37 pm

Replies: 4

Inheritance Tax?

Views: 1,207

Posted By JonboyE

Re: Inheritance Tax?

There is no Inheritance Tax in Canada. When a person dies all their capital property is deemed to have been sold at fair market value immediately before their death and their estate acquires the...

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