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Understanding Taxes Payable at Death in Canada

Understanding Taxes Payable at Death in Canada

by Rigden Financial | May 31, 2025 | Blog, estate planning, financial advice, tax

A common belief among Canadians is that they will be taxed on money they inherit. However, Canada does not impose an inheritance tax. Instead, after someone passes away, their final tax return must be filed, covering the income they earned up to the date of death. Any...

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