Nova Mentis Life Science Corp. C.LIB

Nova Mentis Life Science Corp is a Canadian-based company focused on building and supporting a diversified portfolio of health and wellness businesses. Through its subsidiary, the company is focused on exploring the anti-inflammatory effects of psilocybin in underexplored metabolic indications such as obesity and diabetes and providing a Health Canada Standard Licensed facility focused on the cultivation of AAAA premium, small batch, terpene rich dominant cultivars cured to perfection.

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Nova Mentis Life Science Corp. > Side Note Genetics side not being looked at..

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Comment by rcash1on Dec 09, 2017 1:14pm

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Post# 27123856

RE:RE:RE:RE:RE:RE:Side Note Genetics side not being looked at..

KushMan wrote: Michelle The only way you can be over is if you "contributed" to much otherwise you can't really be over if you make it inside your TFSA. If you trde it more than half a dozen times a week the tax man will commeth..
Check this out..

It's a very good article written by a Canadian tax expert.. Somebody posted a link to it on one of these forums and I can't remember who.. :(

https://www.moneysense.ca/save/investing/tfsa/taxman-after-your-tfsa-unlikely/

KushMan

:)

michelleb33 wrote:
sounds good r cash. Im just in chv.lib and kaly. Biggest position in lib. This one excites me. Other than that my tfsa is maxed. Went over this year by 60 grand. Ill pay next year for overages. But the returns outweigh any penalty

I aslo posted information quoting that article read that post . Kushman is right you can only be subjected to penalties for over contributions. Watch though ,if they deem it as business income the penalty is half of your gain ...

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