General Question

Kickerk's avatar

Do I need to pay capital gains tax?

Asked by Kickerk (8points) January 15th, 2010

If I become a resident in Canada before I sell my house in the UK will I need to pay capital gains tax in Canada?

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2 Answers

trailsillustrated's avatar

no you will owe it in the uk. If you buy another residence with the money you won’t, but the residence would probably have to be in the uk.

trailsillustrated (16804points)“Great Answer” (1points) Flag as…
Kickerk's avatar

Thanks for the answer

Kickerk (8points)“Great Answer” (0points) Flag as…

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