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    zakraf's Avatar
    zakraf Posts: 1, Reputation: 1
    New Member
     
    #1

    Sep 26, 2013, 09:51 AM
    UK inheritance
    My wife's mother was a resident of the UK and passed earlier this year. The Exceutor/Solicitor in the UK has told us that the real property will be "appropriated" (I don't quite understand the implications?) which will give rise to a capital gain. Non residents are not subject to UK capital gains but are there any Canadian tax implications?
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
    current pert
     
    #2

    Sep 26, 2013, 12:08 PM
    You don't pay an inheritance tax in Canada. The deceased's estate pays a tax on the deceased's capital gains.

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