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Do you report cost or market value of shares as part of foreign property declaration?
April 11, 2024
10:40 AM
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Investors and rental owners
You would report the market value in Canadian dollars.
April 11, 2024
11:33 AM
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Investors and rental owners
Thanks. If you have dividends paid out from these foreign shares, and they are already reported in T5 or T3 slips, do you still report them as income in the foreign property declaration form (T1135)
April 11, 2024
11:36 AM
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Investors and rental owners
You don't have to report that you received the dividends. If you put the dividends in a foreign bank or reinvested them into foreign investments, then the dividend amount would be reflected there.
April 11, 2024
11:58 AM