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Questions tagged [tax free]

Best way to learning about blockchain & crypto knowledge for free here 56 questions

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CryptoChieftain CryptoChieftain Fri Mar 29 2024 | 5 answers 1093

How much money can be gifted tax free in Canada?

Excuse me, I am a little confused about the tax regulations regarding gift money in Canada. Could you please clarify for me how much money can be gifted tax-free in this country? I understand that there might be certain limits or conditions attached to it, so could you also elaborate on those? I am planning to make a gift to my relative and want to ensure that it does not exceed the tax-free limit. Thank you for your help!

How much money can be gifted tax free in Canada?

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