Money As Gift Taxable . Section 56(2)(X) Taxation of Gift If you made a gift of money or other property to a qualified donee and you received an official donation receipt from the qualified donee, you may be able to claim federal and provincial or territorial non-refundable tax credits when you file your income tax and benefit return. Follow these tips to limit the tax burden for the giver and receiver
Gift Tax Rate How Much Is It and Who Pays It? from www.thebalancemoney.com
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