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Sona Nanotech Inc C.SONA

Alternate Symbol(s):  SNANF

Technology Scientific & Technical Instruments
Sona Nanotech Inc. is a nanotechnology life sciences company, which is engaged in developing targeted hyperthermia therapy. The Company has developed multiple methods for the manufacturing of various types of gold nanoparticles (GNR). It is engaged in research and development of its technology for use in multiplex diagnostic testing platforms and advanced biomedical applications. Its gold nanotechnologies are adapted for use in applications, as a safe and delivery system for multiple medical treatments, for the approval of various regulatory boards, including Health Canada and the Food and Drug administration (FDA). Its gold nanorod particles are manufactured without the use of cetyltrimethylammonium bromide (CTAB), eliminating the toxicity risks associated with the use of other gold nanorod technologies in medical applications. The Company is focused on the development of a pre-clinical nanomedical therapy for the treatment of cancer using its biocompatible GNR.


CSE:SONA - Post by User

Sona Nanotech Inc
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Comment by Sandblaster1980on Jul 10, 2020 6:15am
104 Views
Post# 31249863

RE:RE:Can someone explain

RE:RE:Can someone explain
Aarman4 wrote: I'm very sure that nothing negative will come from it IF and WHEN it happens.

You are subject to a 15% tax on USA listed company dividends if I remember correctly, however, capital gains from share price appreciation is totally fine on all North American exchanges within your TFSA I believe.

Cheers!

Gmo1972 wrote: I bought sona thru my tfsa. With this Nasdaq listing, what happens now. Sorry, very new to this happening.




I ask my bank and my tax accountant the same question when I started and they gave me the same answer. You will not get taxed on your tfsa investments as long as it's not a investment in a US company that pays a dividend. I also heard that the CRA might tax you if your a daytrader but I'm not a 100% sure about this. I also read that if you invest in companies that are not publicly list on the north American exchanges you might also be taxed. I'm not a expert by any means but just letting you know what I have read and heard. GLTA
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