Posted by rollerblader on 6th of Feb 2020 at 10:33 pm
So the gov't allows us to put money in a TFSA for what? To earn
a lousy 2% in a GIC or something. Yet if you now make some
money they want it. So what happens if you have losses are they
going to rebate it??
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Careful with the tfsa trades,
Who here is Canadian?I'm in Canada with registered accounts (RRSP, ...
Posted by highroller on 6th of Feb 2020 at 07:03 pm
Careful with the tfsa trades, cra will say that you have an unfair advantage to the regular Joe and thus tax it all 100 % .
https://www.advisor.ca/tax/tax-news/clients-day-trading-in-their-tfsas-theyre-ultimately-liable-for-the-tax/
https://www.savvynewcanadians.com/cras-75-million-tfsa-tax-haul-using-tfsa/
So the gov't allows us
Posted by rollerblader on 6th of Feb 2020 at 10:33 pm
So the gov't allows us to put money in a TFSA for what? To earn a lousy 2% in a GIC or something. Yet if you now make some money they want it. So what happens if you have losses are they going to rebate it??