Canada's individual tax unit historically has allowed a spouse to report only income over which she or he has legal control. Income splitting therefore typically requires transferring ownership of income earning property in some fashion. I refer to this as 'real' income splitting to contrast it ...
Special Considerations If a coupledivorcesprior to filing their taxes for the year the gift took place, neither spouse can be remarried for gift splitting to qualify. In addition, neither spouse can benefit from the gift, and it must be made to athird party.3 Gifts of any amount made to ...