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forumSection: Working in Canada, subForumSection: Canadian Finance and Taxation
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forumSection: Working in Canada, subForumSection: Canadian Finance and Taxation
I've recently moved to Canada for the first time on a work permit. Is there any tax on moving my pre-Canada savings to Canada through wire transfer? I heard that any transfer over $10k is reported to the CRA, does that mean I will have to pay tax on it?
I've recently moved to Canada for the first time on a work permit. Is there any tax on moving my pre-Canada savings to Canada through wire transfer? I heard that any transfer over $10k is reported to the CRA, does that mean I will have to pay tax on it?
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forumSection: Working in Canada, subForumSection: Canadian Finance and Taxation