In other words, even if your investments quadrupled in value within your TFSA, you still wouldn’t pay any tax on those gains. You also wouldn’t pay any tax on the dividend or interest income that you may have earned within your TFSA. Because of this tax efficiency, a common practice ...
By selling stocks, you lose the tax sheltering provided by unrealized capital gains in a non-registered account (as opposed to having your funds invested in a TFSA/RRSP/RRIF). More questions. So after you’ve divested all your stock holdings – now what? What are you going to do in the...
In other words, even if your investments quadrupled in value within your TFSA, you still wouldn’t pay any tax on those gains. You also wouldn’t pay any tax on the dividend or interest income that you may have earned within your TFSA. Because of this tax efficiency, a common practice ...