tag:blogger.com,1999:blog-4402283548766807872.post9081130416376138224..comments2024-03-29T02:47:49.234-04:00Comments on The Blunt Bean Counter: Housing Gifts and Loans to Children and Prenuptial AgreementsThe Blunt Bean Counterhttp://www.blogger.com/profile/11358868550072516313noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4402283548766807872.post-73676625277332658452011-03-14T08:02:40.155-04:002011-03-14T08:02:40.155-04:00The CRA in IT-334R2 states that “Amounts received...The CRA in IT-334R2 states that “Amounts received as gifts, that is, voluntary transfers of real or personal property without consideration, are not subject to tax in the hands of the recipient.”. Thus, there is no requirement to give the gift on their birthday.<br /><br />Note that on gifts made to your child who is below 18 years old, the "attribution rules" may have the effect of causing you to be taxed on the income earned on the gift.The Blunt Bean Counterhttps://www.blogger.com/profile/11358868550072516313noreply@blogger.comtag:blogger.com,1999:blog-4402283548766807872.post-31699096962087512512011-03-14T00:58:19.424-04:002011-03-14T00:58:19.424-04:00ceedream
Are you obligated to give gifts to childr...ceedream<br />Are you obligated to give gifts to children in your child's class on their birthday?Gardening Magazineshttp://www.magazinemall.in/noreply@blogger.com