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My father has sold one of his businesses in homeland outside Canada and he decided to give me and my brother cretin amount of the money as gift. The amount is more than 110 K CAD. Is this a gift or income? in case of gift, Is this taxable? and how I can report it as gift? Note: My father is not...

I lent my brother 20 k CAD on 2010 and he returned 5 K to me this July in direct transfer from outside Canada to my Canadian account and he is going to pay the balance this month. This debt is non-interest loan to help my brother. Is the returned money taxable? and how I can clarify that to CRA?

I have sold my house at homeland which is closed since I moved to Canada on 2011. This property is not capital property for investment purposes or to earn income. I have sold it 10% less than the price I bought it in 2008 because of current real estate market down in the city. The price of this...

me, my wife and my small daughter landed in Canada last October, but we left Canada after we had got our PR cards. My wife is now pregnant and for medical reason my wife's physician told her that she can't travel to Canada to deliver the baby there. In this case can any body guide me what I have...

Ok, the problem is even if the bank will declare that money transfer to CRA in my behalf, is this money taxable? I want to know before I loss a huge amout in tax from my 12 years of hard working at oil rigs I earned before even my feet stepped in Canada.

Hello everybody, I did a big mistake when I landed in Canada last October 2011, I didn't know that I have to prepare a furniture list, an appraisal for my wife jewelry , and also I didn't know that I have to declare how much money I will transfer later other than the money I brought in when I...

There is a lending company called IJARA CANADA and it's 99% complince with islamic rules

Hello everybody, I did a big mistake when I landed in Canada last October 2011, I didn't know that I have to prepare a furniture list, an appraisal for my wife jewelry , and also I didn't know that I have to declare how much money I will transfer later other than the money I brought in when I...