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Transferring Money to Canada
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ForumUser Posts: 541
Posted On: 8/8/2016
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Hi I am already staying in Canada for last 2year,but now if I want to bring around 75k from india bank transfer will CRA will charge tax on the moneyed.
And if yes how much percentage.
Please advise!
Thanks!
Regards
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Moderator Moderator Posts: 4142
Posted On: 8/11/2016
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Hello,
Thank you for sharing your situation and question with us.
We can appreciate that you would be interested in this information.
You can find some information regarding this type of situation in our Settlement.Org Transfer Money Later... Need To Pay Tax? discussion thread.
You may also want to contact the Canada Revenue Agency (CRA) directly for some information specific to your situation.
I hope this information is helpful. Please let us know if you have further questions and if there is any follow up to your question/situation.
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Anna
Settlement.Org Content and Information/Referral Specialist, CIRS
Settlement.Org
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