GeishaWhisper
Mon Jun 10 2024
|
5 answers
1235
Can my parents give me $100 000 in Australia?
Could you please explain to me the legality and feasibility of receiving a sum of $100,000 from my parents in Australia? I'm curious about whether there are any tax implications or legal restrictions that I should be aware of. Additionally, would this transaction require any specific documentation or declarations to the authorities? I'm seeking clarity on this matter as I want to ensure everything is done properly and legally. Thank you for your assistance in clarifying this matter.
