Knowing how tax rules affect your investments is essential to maximize your after-tax return.
Being informed of changes to tax rules is also important because they may open up new
opportunities that could affect the way your financial affairs are structured.
Tax Tips For Investors
How Investment Income is Taxed
it comes to investment income, all is not equal after tax. Knowing how
tax rules affect your investments is essential in order to maximize your
after tax return.
Pension Income Splitting
Being able to split pension income provides an opportunity for couples to reduce
overall family tax bill by taking advantage of a spouse’s or common law
partner’s lower marginal tax rate where retirement incomes of spouses
In comparing the different tax rates on these sources of investment income, clearly, not all
investment income is equal on an after-tax basis.
Strategies to Minimize Capital Gains
article examines various strategies to reduce the impact of a potential
tax hit on realized capital gains as well as other related
considerations of the voluntary or involuntary sale of a security that
may represent a significant part of an investor’s portfolio.
Understanding Capital Losses
you sell a security that has an accrued loss, the capital loss will
reduce your capital gains for that particular tax year as well as other
years in the case of a net capital loss.
Tax Deferral for Foreign Spin Offs
you own shares of a foreign corporation that distributes shares
(usually as a result of a reorganization) of another foreign corporation
that it controls , the resulting transaction is referred to as a
Understanding Personal Holding Companies
is important to understand the various tax implications of owning
investments through a holding company as the tax considerations can be
quite different from owning investments personally and a corporate
structure introduces a number of other considerations.
Individual Pension Plans
Individual Pension Plan (IPP) is a pension plan established for a
single individual who is interested in maximizing his or her
tax-assisted retirement savings. An IPP may allow a small business
owner, owner-manager or senior executive to benefit from the retirement
savings and tax deferral advantages of a registered pension plan.
Donating Appreciated Securities
benefits of making a charitable donation are countless – from helping
those in need to the personal satisfaction we gain when giving something
back to a cause we feel passionate about.
Tax and Estate Consequences of Investing in U.S. Securities
you currently own U.S. securities such as stocks issued by a U.S.
corporation or real property located in the U.S., you may also have to
pay U.S. income and estate tax.
Canadian Snowbirds and US Income Tax
you are a Snowbird (a Canadian resident who spends part of each year in
the United States), you should be aware of the potential liability to
pay U.S. Income Tax on the same basis as a permanent resident of the