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FormerXBC Inc XEBEQ

Industrials
Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

FormerXBC Inc > One last thing about margin
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Comment by newcoinon Nov 30, 2020 9:19am
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Post# 31999250

RE:RE:RE:RE:RE:One last thing about margin

RE:RE:RE:RE:RE:One last thing about marginThis is my understanding as well.

I've always considered withdrawls 'in kind' from an RRSP to be taxable.

No way around it.


Canadian_101 wrote: I would be very careful here, depends on your income level you at at..... from the tax lawyers I have talked to, when you transfer money from a registered account or do an  in kind transfer of shares ( you do not sell the shares, you transfer them in kind) from a registered account ( RRSP), not aTFSA, this as considered a withdrawal and the amount is always taxable at the tax bracket your in. 


tamaracktop wrote: Tomorrow we'll talk about how to do substitutions between registered and non registered accounts for either shares or cash with no tax consequences.




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