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Friday, May 8, 2015

Weekend smile


3 comments:

  1. I can't seem to find a proper heading for my question? i.e. if I inherit $50,000 from the deceased's bank account, would I have to pay an inheritance tax on this?

    ReplyDelete
  2. If I inherit i.e. $50,000 from the deceased's bank account, do I pay a tax on it?

    ReplyDelete
    Replies
    1. No. Inherited funds are not taxable in Canada.

      Lynne

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