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Accounting
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Executors of Estates – What You Need To Know If Beneficiaries Are Not Canadian Residents

8/22/2019

 
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Scott Park, CPA, CA

When there is a Canadian estate and all of the beneficiaries are residents of Canada, the administration and settlement of that estate is generally straightforward. However, when there is a non-resident beneficiary (e.g. someone that lives in the US), this creates additional tax issues for the executor to deal with. 

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