Posts Tagged "Canada"

Do you have to pay income tax on a loan in Canada?

on Jun 4, 2014 in Stated Income Loans | 3 comments

Question by DennisCOSMIC: Do you have to pay income tax on a loan in Canada? I have a loan coming from canada and I was wondering if I had to pay income tax on it? They are charging me taxes for some reason. I am not trying to pay taxes with a loan. I am being charged taxes for having a loan from Canada. I wanted to know if this is accurate. Best answer: Answer by ScottIncome is income. They don’t care where it comes from. Give your answer to this question below! Do you have to pay income tax on a loan in...

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