Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Transfering >$10k from USA to Canada bank

Phanuthier · 01-05-2011, 12:14 PM

Ok so I've contacted a few tax accountants so far (and been forwarded around with no real answer yet) and the banks aren't open to advising me on this, so I'll try here.

Anyone know if there is any tax associated with wiring >$10,000 USD from a Canada bank account to a USA bank account?

(I know that when you carry $10k in cash/cheque/etc into the USA, you have to report it or something)

Thanks in advance

01-05-2011, 12:14 PM	#1
Phanuthier Franchise Player Join Date: Feb 2002 Location: Silicon Valley Exp:	Transfering >$10k from USA to Canada bank Ok so I've contacted a few tax accountants so far (and been forwarded around with no real answer yet) and the banks aren't open to advising me on this, so I'll try here. Anyone know if there is any tax associated with wiring >$10,000 USD from a Canada bank account to a USA bank account? (I know that when you carry $10k in cash/cheque/etc into the USA, you have to report it or something) Thanks in advance __________________ "With a coach and a player, sometimes there's just so much respect there that it's boils over" -Taylor Hall