TSX:BPO.PR.A - Post by User
Post by
CrazyTraderon May 29, 2024 4:36pm
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Post# 36063069
Pierre going to pay MASSIVE Taxes on Capital Gains
Pierre going to pay MASSIVE Taxes on Capital Gainsjust so he can save a few dollars using the "dividend tax credit" by having BPO in his cash/margin account instead of TFSA.
He probably has 100% capital gains in less than a year on some of his shares.
He wouldn't pay ANY tax on capital gains or on his dividends if BPO was in his TFSA.....
But NO..... All he sees is the dividend tax credit so into his Margin/Cash account and GICs in his TFSA.