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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Dave4444on Oct 06, 2015 3:59pm
234 Views
Post# 24168733

RE:A Loss in a TFSA

RE:A Loss in a TFSA
Both gains, losses, dividends, interest, etc. in a TSFA have no tax impact. Gains and income are not taxable and losses are not deductible for tax purposes, simple as that. The big issue is if sell shares outside of a TSFA to get a tax loss and the rebuy the shares in a TSFA within 30 days, the loss is a superficial loss for tax purposes and will be denied.
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