TAXES, TAXATION, TAX and Canadian stocks

STOCKTALK

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Gold/Mining/Energy
TAXES, TAXATION, TAX and Canadian stocks

An SI Board Since February 2000

Posts	SubjectMarks	Bans
548	90	0

Emcee: Sans Souci	Type: Unmoderated

Introduction Compact

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Reply	Message Preview	From	Recs	Posted
98	Michael, my broker says its where the symbol is traded that counts, we need a g	scouser	-	3/6/2000
97	Re: Foreign content status of stock .. believe what generally counts is where c	Michael Dean	-	3/6/2000
96	Chad, you got it. remember also the value of the incoming stock to the RRSP is	scouser	-	3/6/2000
95	Foreign content apparently not so, check some previous posts, if the stock is	les jarosz	-	3/5/2000
94	<<What if you invested 50% of your rrsp in a foreign stock and sold it be	Chad Barrett	-	3/5/2000
93	scouser, Am I correct in interpretting what you said to mean that stock can be	Chad Barrett	-	3/5/2000
92	bw, IMO this is not "tax advice" we are talking about,by your definit	scouser	-	3/5/2000
91	scouser, peace, it may not be optimal advice or even good advice, but if the br	bwtidal	-	3/5/2000
90	BW , au contraire IMO, you pay a comission to a broker , that comission entitle	scouser	-	3/5/2000
89	Oh my gosh that is soooo cheap!! A little hidden value! I heard of the rule thr	mappingworld	-	3/5/2000
88	it is now 25% foreign allowed, going to 30%, no?	bwtidal	-	3/5/2000
87	correct, if you do not own the stock at month end, you do not pay the penalty.	bwtidal	-	3/5/2000
86	Olga 20% of foreign content is penalty free, so if you have $100,000 foreign on	scouser	-	3/5/2000
85	re: "they have a legal fiduciary duty to know and advise you" no, th	bwtidal	-	3/5/2000
84	The % foreign content rule and 1% penalty What if you invested 50% of your rrs	les jarosz	-	3/5/2000
83	Revenue Canada determines your "earned income" by the way that you re	bwtidal	-	3/5/2000
82	Thanks John, printing that out, and faxing it to buddybillythebroker.	Jim Bishop	-	3/5/2000
81	the penalty is based on the book value (amount paid) for the investment. that d	bwtidal	-	3/5/2000
80	Presuming it would stay perfectly static for those 12 months, the penalty would	mappingworld	-	3/5/2000
79	Olga, first I believe it is the status of the stock- not where they do business	scouser	-	3/5/2000
78	So say you have $100,000 in your account 100% in nasdaq stocks and none of them	mappingworld	-	3/5/2000
77	Sorry guys and gals for the late info, been reaaaly busy, here it is - the RRSP	scouser	-	3/5/2000
76	Interesting, I lived in Mexico for ten years and moved back to Canada only 5 ye	CIMA	-	3/5/2000
75	Taxable at your personal rate if withdrawn from your RRSP (and subject to a wit	CIMA	-	3/5/2000
74	I'm a non-resident (moved to Mexico)...but for Canadian trading kept a cash	Alcona	-	3/5/2000

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