CUU tax planningQuestion for US holders of CUU or CPFXF.
I hold my shares in my IRA.
I decided to transfer them into my Roth IRA and take the tax bite at this price level rather than pay taxes on what I hope will be a substantially higher value in the relatively near future.
Has anyone else used these strategies?
The IRS will even let you undo the transfer if you want to.
It seems too easy.
Any drawbacks?