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Avoiding taxes

Posts and articles about Avoiding taxes
Community
Is it better to put the majority of my income into TFSA or RRSP?

I'm 6 years from retirement. Should I max out my RRSP or TFSA first? I will have a pension and with CPP and OAS. I am worried that RRSP drawdowns will put me i...

Community
Is a RBC direct investing account a TFSA?

How is the RBC Direct Investing tax-free and connected to your TFSA?

Community
Is Wealthsimple TFSA taxable?

I use Welathsimple, and if I set up a TFSA account through them, will my capital gains get taxed?

Community
Can I use my TFSA as a trading account?

I want to avoid tax as much as possible. Will I get taxed or have to pay a fine if I use this tax-free account to trade with?

Answers

Filip Dimkovski

Can You Shield Profits From Being Taxed When the Investments Are Not Made Through a TFSA?

Investments and purchases that are tax-deductible are great examples of tax shields. I will break down a few examples of such shields shortly, so a new investor...

Community
How can I avoid gains taxes?

I know that there are some techniques one can use to lessen, or possibly negate, the amount of taxes one builds up. What are your best tactics to avoiding gai...

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Please be advised that investing and trading in futures, commodities, and all other leveraged products involves a certain level of risk. Financial markets are susceptible to many outside influences, and there is no way to know with absolute certainty how any asset will react to those influences. Any time you trade on financial instruments there is the risk that you may lose some or all of your capital. Traders are strongly advised to take the time to learn enough so that they understand the risks and market trends before investing money. Broker Reviews shares the opinions of our writers concerning brokers, but we are not responsible for any activity on those brokers’ websites or trading platforms. However, traders trade at their own risk, and Broker Reviews bears no responsibility whatsoever for any funds lost trading commodities, futures, or any other tradable assets with the reviewed brokers.

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