What are the tax implications when selling a rental property? As a general rule, a supply of real property situated in Canada, including residential property, is taxable unless the transaction is specifically exempted. The small supplier provisions do not apply to sales of real property. What is required for proof of Revenue & Expenses? Original… Read more…
Know Your Tax Obligations The better prepared you are before leaving Canada, the better your experience abroad will be. Your tax obligations while living abroad depend largely on whether you’re a resident or non-resident of Canada. Your status is determined by a number of factors, including the purpose and permanence of your stay abroad, the… Read more…
