Q: not sure if you have answered this one but putting bep.un or bip.un in a tfsa does it make sense for withholding tax purposes etc. or is it the same as putting all canadian equities in.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hello,
I do not understand the 60/61 days restriction for superficial loss on a stock sale.
I understand the ‘Do not rebuy’ before 30/31 days AFTER the sale. But what does the 30 days period PRIOR to a sale have to do with it? If I added to a losing position 2 weeks ago, and increased my loss, (thanks LMN!), can I sale now and rebuy in 31 days? Cash account only, no ‘affiliated’ person. Many thanks
I do not understand the 60/61 days restriction for superficial loss on a stock sale.
I understand the ‘Do not rebuy’ before 30/31 days AFTER the sale. But what does the 30 days period PRIOR to a sale have to do with it? If I added to a losing position 2 weeks ago, and increased my loss, (thanks LMN!), can I sale now and rebuy in 31 days? Cash account only, no ‘affiliated’ person. Many thanks
Q: Hi Team,
Meta took a 15B one time non cash tax hit as a result of trumps “big beautiful bill”. What does this really mean non cash? Why aren’t other companies reporting the same type of hit? Aren’t all companies under the same tax rules? This news seems to be scewing strong operational results and causing a big share price drop. Looks like a buying opportunity to me. Do you agree?
Shane
Meta took a 15B one time non cash tax hit as a result of trumps “big beautiful bill”. What does this really mean non cash? Why aren’t other companies reporting the same type of hit? Aren’t all companies under the same tax rules? This news seems to be scewing strong operational results and causing a big share price drop. Looks like a buying opportunity to me. Do you agree?
Shane
Q: What was the spin-off price of Brookfield Asset Management?
Thank you.
Howard
Thank you.
Howard
Q: Hi Peter, Yet another question on reporting US threshold limit (Form T1135). Does it apply to RRSP & LIRA accounts as well?If so, do I combine the exposure of both accounts or treat them as individual accounts. Also, does it apply to Bonds and ETF’s as well.
Thanks for the superior service. Much appreciated.Ivan
Thanks for the superior service. Much appreciated.Ivan
Q: Since CDRs are listed on a Canadian exchange I was surprised when in your response to Greg this morning you stated: "CDRs are treated the same as US stocks for tax purposes". My understanding is that US ETFs listed on a Canadian exchange are not subject to form T1145.
Q: Peter’s email today discussed CDRs
My question is - does this type of investment in US stocks contribute to the $100,000 threshold limit for reporting foreign property (form T1135)?
My question is - does this type of investment in US stocks contribute to the $100,000 threshold limit for reporting foreign property (form T1135)?
Q: Further to my recent question about the 30 day stock repurchase rule -
May I repurchase a stock that I have sold with a capital gain in my margin account in less than 30 days? since I am not claiming a capital loss?
May I repurchase a stock that I have sold with a capital gain in my margin account in less than 30 days? since I am not claiming a capital loss?
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Constellation Software Inc. (CSU $3,385.76)
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Topicus.com Inc. (TOI $128.76)
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Lumine Group Inc. (LMN $29.11)
Q: You mentioned CSU year end tax selling as probable. Do you feel the same on TOI & LMN? How do you like these as a current discounted purchase? Especially if you were to leave as a 10 year hold.
Q: Would you please clarify the 30 day rule on stock repurchase.
Does the 30 day rule apply to a TFSA account or to a LIF account?
Does the 30 day rule apply to a TFSA account or to a LIF account?
Q: If an investor books a large capital gain (and has no losses to offset it), how should it be handled from a tax perspective? Is it OK to wait untill filing to pay the tax on it? Or does the CRA want its cut right away? Thanks.
Q: When does tax loss selling tend to peak? I have some capital to deploy and wonder how patient I should be? Which stocks will you be keeping your eyes on in the upcoming months?
Q: A follow up question to Matt's question on WBI, are there any issues in investing in this company from a Canadian investor standpoint? You have mentioned implications for MLC's in past.
Q: A stock with a high dividend payout that is 95% ROC has an actual dividend payout of only 5%.
What type of account would this type of stock be best held in for tax purposes?
It seems that a margin account would be more tax efficient than a retirement account, where ROC likely is not considered on eventual withdrawal.
What type of account would this type of stock be best held in for tax purposes?
It seems that a margin account would be more tax efficient than a retirement account, where ROC likely is not considered on eventual withdrawal.
Q: Is there a dividend hold back on companies such as JEPQ that, as in this example, is listed on the Canadian exchange, regardless of which account it is held in?
Thanks
Thanks
Q: In response to Peter's question today: "If I have CDRs for US companies, do I still pay US withholding tax?" you answered "Yes, outside a RRSP". I understand this withholding tax applies only to dividends?
Q: If I have CDRs for US companies, do I still pay US withholding tax?
Q: In a CCPC, investment income is taxed at a rate of 50% or more , with a partial refund via the RDTOH mechanism. It is my understanding that Corporate class etfs attempt to recategorize income in the form of capital gains, thus not triggering any income until the item is sold. Is this your understanding?
What is your view of these products? What drawbacks do you see? Are there any hidden fees?
Thank you
Paul
What is your view of these products? What drawbacks do you see? Are there any hidden fees?
Thank you
Paul
Q: How do these two ETF’s compare with respect to withholding taxes if held in a non-registered account
Q: I am having trouble with the Return of Capital(ROC) concept in non-registered accounts. Seems like a losing situation as your adjusted cost base is reduced by the ROC leaving you to pay or lose a greater amount, even tho it is a capital gain and not interest. Also a ROC is my original capital that I already paid tax on. Double taxation?? Please explain as simply as possible tho I know you are not tax experts. Thanks