Are you looking to give a gift to a family member? Maybe you're thinking of gifting a large sum of money or property, but aren't sure of the tax treatment. If you are, you can't miss this weekly tip! Link to this video: http://bit.ly/VQhMI7 0:11 – Introduction 0:16 – If I give a gift, can I get taxed for it? 0:41 – First tip, capital gains 0:49 – Second tip, gifting to children Download any of our free eBooks available on our website: http://madanca.com/free-tax-secrets/ (Including Tax Tips for Canadians, Personal Tax Planning Guide for Canadians: 2014 Edition and 20 Tax Secrets for Canadians) Disclaimer: The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video.
Are gifts given to family members taxable to them? - Tax Tip Weekly - YouTube | |
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