Hi everyone,
So my parents and my sister will be arriving in Canada next month on immigrant visa.
I have read on the following post that CRA will ask new immigrant to report "World Income" for the tax year they are filling for.
http://www.canadavisa.com/canada-immigration-discussion-board/income-before-coming-to-canada-t434815.0.html
My Parents are old and have no income, for last many years, I have sent them money every year for food, clothing, shelter and other necessities of life.
So my question is: does the money that I send to my parents every year counts as their "income"? I do not think so, but I want to confirm.
Thank you
So my parents and my sister will be arriving in Canada next month on immigrant visa.
I have read on the following post that CRA will ask new immigrant to report "World Income" for the tax year they are filling for.
http://www.canadavisa.com/canada-immigration-discussion-board/income-before-coming-to-canada-t434815.0.html
My Parents are old and have no income, for last many years, I have sent them money every year for food, clothing, shelter and other necessities of life.
So my question is: does the money that I send to my parents every year counts as their "income"? I do not think so, but I want to confirm.
Thank you