Posts Tagged ‘capital gains’
Written by Kim Inglis on 28 December 2016
According a recent BMO report on charitable giving, fifty-two per cent of wealthy Canadians choose to donate to charities to which they have a personal connection. More than half of those say their motivation to give is based on the desire to have an impact on their community. Only 21 per cent [Read more]
Written by Kim Inglis on 16 May 2014
Canadian residents, who die owning assets such as vacation properties in the United States or stocks in U.S. companies, may be subject to U.S. estate taxes. For tax purposes, assets include real and tangible personal property situated in the U.S., shares of U.S securities and units of U.S. mutual [Read more]
Written by Kim Inglis on 01 May 2014
TD Economics reports that more than 500,000 Canadians spend significant periods of time in the United States. These individuals may be unaware that a Canadian can be deemed a U.S. person and subject to U.S. tax filing requirements if holding certain investment vehicles. The definition of a U.S. [Read more]
Written by Kim Inglis on 25 March 2014
As Benjamin Franklin said, “in this world nothing can be said to be certain, except death and taxes.” Fortunately for some Canadian investors, the latter can be controlled. For those investing outside their registered plans, corporate class funds offer a tax efficient means of [Read more]
Written by Kim Inglis on 23 January 2014
Recent data indicate that Canadians are saving more. Statistics Canada reports that the Household Savings Rate is currently 5.4%, a 0.4% increase from the previous year. Likewise, a recent BMO Bank of Montreal study found that 48% of Canadians are now investing in Tax-Free Savings Accounts [Read more]
Written by Kim Inglis on 25 February 2013
Kim Inglis, CIM, PFP, FCSI, AIFP is an Investment Advisor & Portfolio Manager with Canaccord Wealth Management, a division of Canaccord Genuity Corp., Member – Canadian Investor Protection Fund. www.reynoldsinglis.ca. Read her column “Money’$ Worth” every other week here on [Read more]
Written by Kim Inglis on 16 November 2012
Tax loss selling strategies for 2012 Develop a strategy for tax loss selling now to reap dividends later. Tax loss selling typically occurs in the first half of December and often results in bumpy markets. The stocks most vulnerable to volatility are those trading near their 52-week lows. The [Read more]