Canada

2007-01-10 10:26:34 · 7 answers · asked by Tax evader 1

do i pay taxes when you inherit money

2007-01-10 07:30:30 · 2 answers · asked by Anonymous

2007-01-10 04:55:33 · 3 answers · asked by Anonymous

2007-01-08 06:57:02 · 3 answers · asked by minor0123 1

I know that in America, if you give a donation under $250 you don't need a receipt for tax purposes. Is the same true for Montreal?

IMPORTANT!!! PLEASE LET ME KNOW IF YOU HAVE ANY INFO ABOUT IT!!

2007-01-06 16:45:43 · 5 answers · asked by ~Daisy~ 1

I have a full-time job unrelated to the securities industry and I use a discount broker to manage my investments and would like to benefit from lower capital gains tax rates for my investment profits.

My goal is to hold about 50-70 securities (ETFs, equities) in my portfolio at any given time and I anticipate holding each security for at least 6 months before disposing/selling it. I'd like to add to my positions gradually via dollar-cost averaging and use covered calls to reduce the cost basis. My intent would be to execute about 10-20 buy transactions per month (often I'd be adding to existing positions) and perhaps about 5 sell transactions per month. Would using such a strategy put me at any risk for being flagged an active trader and subject to having gains taxed as income instead of the more favorable capital gains (w/ 50% inclusion) rate?

Furthermore, does the use of 15-20% margin significantly affect one's susceptibility to being flagged as an active trader?

2007-01-06 15:45:41 · 6 answers · asked by jthompson7804 1

2007-01-06 00:59:54 · 1 answers · asked by Anonymous

2007-01-05 17:53:04 · 5 answers · asked by la_mer 2

2007-01-05 03:27:24 · 4 answers · asked by Anonymous

I am not sure if I want to go to H&R block to get my income taxes done- or if I should do them myself... I am wondering how much money I am looking to get back so I can figure what H&R would deduct and if its even worth it for me...
I'm sure theres a place to go that does them for you free but doesnt let you print or file online... cant remember!!

2007-01-03 06:02:00 · 1 answers · asked by nat_00420 2

Also what is the size and location of the property?

2007-01-02 22:28:23 · 5 answers · asked by Anonymous

thanks in advance

2007-01-01 08:50:50 · 6 answers · asked by aviationquestion 1

Hi,

I own an apartment in central Montreal. I am a UK citizen living most of my time in the UK so I rent out my apartment most of the time.

I recently received an invoice from 'Comite de gestion de laTaxe Scolaire' totalling nearly CAD1000 for the last two and a half years.

I don't understand what this tax is for and where a) I should be paying it as a non-Canadian resident or b) if it should be me (the property owner) or my tenant (the resident) who is legally responsible for paying it?

Anyone with experience in this area able to help me out?

Thanks!

2007-01-01 07:35:27 · 2 answers · asked by ukjamesscott 1

He lives at home and I pay all of the bills. He is a 3/4 time student too. I also have an 18 yr old who works maybe 1 day a week for the last 6 months. She is out of high school since May and basically thinks she is a hippy and is living with some guy in another town. Can I claim her too? When do I stop claiming them?

2006-12-30 13:42:12 · 10 answers · asked by happydawg 6

If my husband needed to live of the interest how much would I need?.

2006-12-29 04:42:39 · 1 answers · asked by Anonymous

I tried Taxact but its not for canada!

2006-12-29 03:41:02 · 2 answers · asked by nat_00420 2

2006-12-29 02:34:01 · 2 answers · asked by nat_00420 2

I have been providing receipts for my clients and have given them their end of year receipt tallying their totals. But I had heard if my income was under $8000 I didn't have to claim it...obviously I would still be filing my income tax but was just uncertain about what the maximum amount is that you can make when doing daycare without having to claim it. Thanks a lot!

2006-12-28 11:57:13 · 7 answers · asked by hasgr8boyz 3

I currently have bought very expensive purchases from National Sport (My Friend I mean) and they applied the taxes incorrectly and would not refund our tax as they claim it is correct. I have looked over it twice and read Retail Sales Tax Act and it was still incorrect.

2006-12-28 08:58:57 · 2 answers · asked by Dieagain 1

I'm only going down for 48 hours, so I don't qualify for a personal exemption (since it's worth more that $200).

2006-12-27 19:16:22 · 2 answers · asked by Anonymous

If yes, how much is the duty?
I live in Canada and I realized many times one item in both .com and .ca web pages, however the price of Canadian web site is much more (after changing US$ to CDN$). I thought maybe it is better to use .com webpages for online shopping. But maybe there is an extra fee for duties for shipping from US to Canada. Is there?

2006-12-24 07:20:06 · 3 answers · asked by Flora 1

2006-12-22 13:44:48 · 6 answers · asked by Yomi 4

2006-12-19 03:59:51 · 9 answers · asked by Carmen D 1

I know what GST stands for Goods and Services Taxes... but what kind of goods and services?
IE) Sewage etc.?
And is there anyway I can find out if you guys cant provide me with a good answer? >,<

2006-12-17 14:08:30 · 2 answers · asked by blueyolei 2

If i earn money online (from my own website) do I need to claim it on my tax report (I'm in Canada)? 'Cause if I don't claim it, there's no way for them to find out how much (if any) I earned, right?

2006-12-13 17:25:34 · 9 answers · asked by Guess 3

I'm living in Mexico and have been for 1 1/2 years. I am a consultant working on projects in the USA (work from home in Mexico) but I'm paid by a company in Canada. I have not set foot in Canada for nearly 2 years but still have a driver's license, credit cards, and a car registered in Canada. It burns my butt that I have to pay the same taxes as someone living there. I am not eligible for the Overseas Employment Tax Credit because I am not an employee of the Canadian company. Is there any way to avoid paying the same taxes as someone who is actually living in Canada and enjoying the benefits of those taxes? I understand that there is no way to avoid 100% of my taxes without declaring myself a non-resident.

2006-12-11 10:45:20 · 4 answers · asked by BAF 2

2006-12-08 19:14:42 · 2 answers · asked by paylud 2

2006-12-07 12:20:59 · 2 answers · asked by Anonymous

2006-12-04 08:22:04 · 4 answers · asked by ANGEL S 1

2006-12-04 02:17:08 · 4 answers · asked by ironworker 1