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Siby Arasu

Newbie
Jul 1, 2012
8
0
I lent my brother 20 k CAD on 2010 and he returned 5 K to me this July in direct transfer from outside Canada to my Canadian account and he is going to pay the balance this month. This debt is non-interest loan to help my brother. Is the returned money taxable? and how I can clarify that to CRA?
 
No, it's not but you can always phone them to clarify.