Hello
I have got a personal loan from UAE and would like to remit it to Canada to make a down payment for the property. I am a Canadian citizen based in Dubai and I file my tax return regularly but wondering is there any tax implications if the remittance is approximately CAD 100k?
Advice from senior members would be appreciated.
I have got a personal loan from UAE and would like to remit it to Canada to make a down payment for the property. I am a Canadian citizen based in Dubai and I file my tax return regularly but wondering is there any tax implications if the remittance is approximately CAD 100k?
Advice from senior members would be appreciated.