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"It is like this in most western countries" can still apply even if Canada is an exception.
by stefanfisk 6y ago
"It is like this in most western countries" can still apply even if Canada is an exception.
- lstamour 6y agoGenerally speaking the same is true of “gifts”, though. You don’t have to report a gift as income if it’s reasonable, but drawing that line is where things get... complicated. Then you have to call in specialists like tax lawyers, etc.
- chrisweekly 6y agoIn the US, gifts of up to $15k are untaxed.