Tax lawPosts and articles about Tax lawCommunityDo you pay taxes on profits from day trading?Hey guys, I've got a ton of stock trading tax-related questions. Do you pay tax on day trading profits? If so, how much do you get taxed for day trading, and h...CommunityDo UK day traders pay TAX?I want to day trade, but will it be illegible for tax if I stay in the UK?CommunityHow does TAX in the US work for day traders?What is the law regarding day trading tax?CommunityReal Estate Investment Trusts: Do I have to pay taxes on dividends?I’m trying to build a dividend portfolio. I’m wondering if anyone can explain to me whether or not we have to pay taxes on dividends from stocks (like coca-cola...CommunityWhat are the tax implications when buying ETFs and Index funds? I don't want to be foolish and make a mistake before checking all the holes and facts that I have and have come to learn. What do I need to know about tax on ...CommunityPenny stocks & TFSA account: Taxable by CRA?Can I trade penny stocks on my TFSA account? If so, how much can I trade before CRA steps in and starts to deduct or claim trade tax? CommunityDo you pay tax on reinvested dividends?If I reinvest my dividend funds, will I be able to avoid paying tax?CommunityDo Day Traders pay capital gains tax?If so, how much is capital gains tax on day trading? CommunityDo swing traders pay capital gains tax?As a swing trader, will I keep all that I've gained, or am I liable for tax? If so, how much tax will I have to pay?CommunityIs Wealthsimple TFSA taxable?I use Welathsimple, and if I set up a TFSA account through them, will my capital gains get taxed?CommunityCan 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?CommunityDo I fill out a W-8BEN form if I want to trade stocks in the US?Hi, I want to trade US stocks because they look like they could be rather lucrative. However, I'm a foreigner and live in South Africa. Someone told me that if ...CommunityAre dividend payouts taxed twice?When a company you have invested in pays out dividends to their shareholders, does the government tax you twice? If so, why? Is there a way to avoid double ta...CommunityHow are LEAP options taxed in the U.S?I've learned that investing in LEAPS can generate great returns. But I'm not sure how the tax law around it works? Does anyone here know?CommunityDo I have to pay tax on Forex trades?Hi, I'm a newbie. I've never really had much to do with taxes before, so any guidance would be fantastic. I have the following questions: Do I have to pay t...CommunityDo I have to pay taxes on dividends if I reinvest them?Hi, I'm contemplating whether I would still pay taxes if I reinvest my profit from dividends. Do any of you know any tips and tricks on how to avoid capital gai...CommunityWhat are the tax requirements for holding and profiting from an MLP stock?I got Master Limited Partnership this year, and it pays good dividends, but I did not know about its tax requirement. Can you expand on it a little bit? How d...AnswersFilip DimkovskiWhat Is the Tax Rate for Short-Term vs. Long-Term InvestmentsCapital gains are the profits from the sale of an asset - shares of stock, a piece of land, a business and generally are considered taxable income. How much the...AnswersFilip DimkovskiHow to Pass Estate Investments to Your Heir and Prevent Them From Blowing it?One of the best ways of ensuring that your loved ones don’t blow their inheritance after your demise is by starting to prepare them for inheritance from an earl...BlogSofia ThaiHow Does Stock Market Tax Work?Investing in the stock market can make you an absolute packet if you make wise decisions, but there can also be tax liabilities incurred. So in this article, we...AnswersSimon MugoDoes Your Original Investment Get Taxed?No, your original investment is typically not taxed since, in most cases, people invest with the income they have earned, which has already been taxed as ordina...CommunityWhy do I owe underpaid taxes even though there have been no changes in filing status, deductions, capital gains, or withholdings?Why do I owe 6k underpaid taxes? I only got 69k hazard pay due to working a lot of overtime In 2019 I made about 75k. In 2020 I made about 144k. Same job, same...CommunityWhat is the amount if U.S taxes increase from $0.00 to 7%?Anything multiplied by 0 equals 0. So how do you calculate the new tax amount?CommunityAre there withholding taxes on Foreign International ETF's in my TFSA? Does the 15% withholding tax in the TFSA only apply to US stocks/ETF's. I hold International ETF's in my TFSA and was wondering if there would be withholding ta...CommunityWhen Exactly Is The Capital Gains Tax Rate For An Options Contract Applied?If I hold a 2-year options contract for 366 days before selling it, will it be classified and taxed as a long-term or short-term capital gains tax rate?CommunityAre there any other fees aside from incorporation if you live off dividends (partly or fully)?Is it taxed the same way as work?CommunityHow much tax is addded when you hold US stock? is it 3% on buy and sell?
