Understanding the Tax Consequence of Transferring Property to Family Members in Canada

Understanding the Tax Consequence of Transferring Property to Family Members in Canada

Property transfers between family members might seem like straightforward gifts of love, but in Canada, they come with significant tax implications. As experts at BOMCAS, we regularly see how the tax consequences of transferring property to family members in Canada can catch people off guard. Whether you’re considering gifting a house to your children, inheriting […]

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