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

    Oct 19, 2006, 04:16 PM
    Tax on Inherited Money in Canada
    Does a new permanent resident of Canada (immigrated to Canada for less than a year) have to pay taxes on his/her inherited money when he/she wants to transfer it to Canada?
    I would appreciate any insight on the matter.
    Regards
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Oct 20, 2006, 01:19 PM
    Sorry, I cannot help you. You would need advice from a Canadian tax professional.

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