TSX:AAR.UN - Post by User
Comment by
maypeterson Aug 08, 2017 10:36pm
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Post# 26559230
RE:RE:Same old cast of characters
RE:RE:Same old cast of characters Not sure what trading dividend stocks means. If you have done well in a TFSA you should probably know how the taxation works.
Hopefully you are not trolling.
Unless you are an employee of Pure Industrial, you will not get a T4. You will get a T3 if the shares are held in a non-registered (taxable) account.
Inside the TFSA, the dividends will be paid monthly and either reinvested as per dividend reinvestment plan (if you have instructed your brokerage to do the same) or paid in cash. So no tax on dividends and no tax on capital gains when you sell the shares at profit.
Cannot claim losses incurred inside the TFSA either.
If you take a look at the company website you will figure out that the dividends are paid monthly.
Your Questions are so basic and the fact that you say you have done well inside the TFSA either means you are a troll or extremely lucky. I hope for the latter but maybe the information is useful to some other person also in the same boat.