RE:RE:RE:7,000 actions from your cash account to CELI accountIf the tax on the capital gain is nothing for you, it's because your haven't gained much with these shares.
i'd be paying something like a few thousands in taxes by doing this, i'd rather just take the difference, between the 7000$ limit and these few thousands, from my pockets and add it in my TFSA than trigger that tax payment.
Anyway, we all have different views on this... the point is we're making some money and it's good for everyone...we all have different ways to save/push back or avoid paying a bit of taxes.
BestGoldigger wrote: Tax on capital gains on 70 shares is like nothing.