Asked 9/17/2009
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How do you avoid inheritance tax in Canada? How do you avoid inheritance tax in Canada? |
Answer 1/2 - Submitted 7/3/2011
The Canada Revenue Agency does not tax inheritance amounts. However, the interest earned on those amounts is subject to taxation. For more information, visit the Canada Revenue Agency at: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtr n/cmpltng/rprtng-ncm/nttxd-eng.html
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