Bank Charges/Tax
Hi Qorax,
We landed in May last year and is now planning to move to Canada in April this year.
My question is... will the money that we are going to transfer to our CIBC Canada Bank Account be taxable already? Will it be better to transfer the money or have a travellers cheque? Would you know if Canada has already implemented IBAN (International Bank Account Number) to be used in international transactions?
I need your input asap please.
Thanks,
mvc
Hi Qorax,
We landed in May last year and is now planning to move to Canada in April this year.
My question is... will the money that we are going to transfer to our CIBC Canada Bank Account be taxable already? Will it be better to transfer the money or have a travellers cheque? Would you know if Canada has already implemented IBAN (International Bank Account Number) to be used in international transactions?
I need your input asap please.
Thanks,
mvc