"It is like this in most western countries" can still apply even if Canada is an... | Hacker News

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stefanfisk on June 23, 2020 | parent | context | favorite | on: I Just Hit $100k/year On GitHub Sponsors

"It is like this in most western countries" can still apply even if Canada is an exception.

lstamour on June 23, 2020 [–]

Generally speaking the same is true of “gifts”, though. You don’t have to report a gift as income if it’s reasonable, but drawing that line is where things get... complicated. Then you have to call in specialists like tax lawyers, etc.

chrisweekly on June 24, 2020 | [–]

In the US, gifts of up to $15k are untaxed.

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