Sabrina W. asked
I moved to the US from Canada in November 2022 on an H1-B visa. I am an Indian citizen but was living and working in Canada for the past 4 years. I want to move my cash from Canada. Can I check if there are any tax implications in Canada for the following scenarios: 1. Sending cash to my parents in India? 2. Sending cash to my own account in India, and then transferring to my parents? 3. Sending cash to my account in the US? 4. Transferring my shares from a broker in Canada to a broker in the US?
August 11th, 2024
Sean G. answered
If you have already paid taxes on the money you are transferring, the described transfers are not co...
August 11th, 2024
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