Regarding Funds

[Sunny1212]

Hello,

I have a query regarding funds which I would have to declare after receiving via wire transfer in Canada.

Do I have to declare the funds before crossing immigration, or do I have to declare it while filling out tax?

Any information regarding this would be beneficial, thank you;

 

[COPRQuestion]

Hello,

I have a query regarding funds which I would have to declare after receiving via wire transfer in Canada.

Do I have to declare the funds before crossing immigration, or do I have to declare it while filling out tax?

Any information regarding this would be beneficial, thank you;

I had a few question on tax and I found the best course of action was to speak to a tax accountant who specializes in this.

The other point is that declaring money for customs purposes and tax purposes are two different things.

Anything over CAD 10,000 has to be declared at customs for money laundering and other reasons but I believe this is if it's in the form or cash, bearer bonds or notes etc.

Tax is a whole different ball game.

 

[Sunny1212]

Regarding Funds (where to claim)

Hello
if i wire money from other country (for buying property)
where will i tell or update money is coming
in airport or where... i cant find any place...
if it is wired then will i claim or before...
but where...
please help