I will be taxed?

[ninakap30]

Hi there,
When we arrived in Canada,we declared the amount we had with us,was more than 10.000 cad!am i going to pay tax for this amount???

 

[scylla]

No.

 

[rahul20978]

Folks,
Similar question, but not quite....
I am planning a short landing in June next year, and will move permanently in December 2016. I am planning to bring about 35000 CAD with me in June. Do I need to leave that money in a bank in Canada? If I bring the money back to India, and bring it again when I come permanently in December, will I be taxed on it?

 

[steaky]

No