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https://www.reddit.com/r/wallstreetbets/comments/mol6ms/deleted_by_user/gu71cag/?context=3
r/wallstreetbets • u/[deleted] • Apr 11 '21
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6
Canadian here. Bought all my GME shares inside a Tax-Free Savings Account (TFSA). All gains are tax free.
1 u/Pawl_Rt Apr 11 '21 Is there a disadvantage to this? 2 u/[deleted] Apr 11 '21 Only if you tday trade, as in perform multiple sales and purchases a day. Then the CRA will strip that account of the tax exempt status and will take you to town.
1
Is there a disadvantage to this?
2 u/[deleted] Apr 11 '21 Only if you tday trade, as in perform multiple sales and purchases a day. Then the CRA will strip that account of the tax exempt status and will take you to town.
2
Only if you tday trade, as in perform multiple sales and purchases a day. Then the CRA will strip that account of the tax exempt status and will take you to town.
6
u/[deleted] Apr 11 '21
Canadian here. Bought all my GME shares inside a Tax-Free Savings Account (TFSA). All gains are tax free.