Recent content by Skyfox

Toby, thanks for your input.

Just read on CRA web site that 'most gifts and inheritances' do not have to be included in income and therefore should not be taxed. Does it mean that if, before moving to Canada, I transfer ownership for some assets in my home country to, let's say, my parents who are staying in my home...

Dear colleagues, I would appreciate your advice / thoughts on the following issues: 1) I am planning to move to Canada in Sep of this year, but will receive a bonus from my current employer for the previous financial year in October. The question is whether this bonus should be taxable in...

Thanks for a detailed answer, and glad to hear that you are almost back at the level you were in the States (at least financially).

Mediajunkie, just wondering - why did you move from the US, where you had a pretty nice career, to Canada, where you had to take an entry-level job? Wouldn't it be much better for you to go back to the USA when you faced the necessity to take an entry-level job? Please understand correctly - no...