taxes

I just received dividends from my 10X Total World Feeder ETF (TFSA) and was taxed at about 30% on the global dividends, Satrix MSCI World ETF doesn't distribute dividends, would this mean that there is no tax implication on these essentialty meaning I save the 30% because they don't pay out the...

What would be the best countries to change your financial residence to, given the following criteria: you have 500 k eur invested in sp500 and want to live off a 4% yield you want to pay the least amount of taxes possible you can get by with English language affordable health care cheap cost of...

Am kind of confused. The IT Declaration portal in my company's site does not include any subheading for contributions to EPF. But some googling around shows me that my contribution to EPF and VPF needs to be deducted from the 1.5 lac limit. Can I invest 1.5 lac + EPF as deduction? Or shall I...

So a few years back I bought a few obscure crypto tokens and added them to the exchange's staking platform and kind of forgot about it. Recently I checked up and see that over time I was awarded a few other cryptos as part of the staking reward, which are now worth a small amount. I don't...

im new to Canada and the taxing is confusing. I store away about 2000 a month into a TFSA account right which pays 0.8percent interest. I also have the Wealthsimple cash account which pays out 4 percent but taxed. Assuming iam consistent with the 2k saving for 12 month.. which is better?

Suppose I bought 10 shares of an ETF at 100$ and another 10 shares of that same ETF at 90$ at a later point of time. The average right now is 95$ for 20 shares. A) Now if I sell 10 shares at 97$, will it be considered as a profit or a loss? Is the buying price considered or average price...

So, here’s the thing: I’ve got this short term rental property, right? And I'm renting it here and there, which is cool and all, but then this guy, oh man, this guy decides to park himself for a whole year on a week-to-week basis. They're paying on time, every Sunday... like clockwork, which is...

I have RSUs & ESPP through my employer but I know I'm overconcentrated (too many eggs in one basket). I have shares accumulated at different prices over a period of time, some with unrealised gains & unrealised losses. I'm new to investing but after some research I 'think' I understand the...

As the title says, I filed my taxes online using turbotax and I checked my cra but it says “in progress”. I called them and they said there’s nothing they need from me but that some tax returns just take longer to process. has anyome had this experience before? I could really use this money...

Looking through the Canada Gov website the only exception I see with sending my documents by NETFILE is if my SIN starts with '09'. Mine starts with 9, is that the same thing?

So I am moving to the USA for work on a J-1 visa. I know that I will be classified as a non-resident alien and so my TFSA investments are safe. However I have an additional USD cash account at TD which I regularly pay capital gains tax on. When I move to the US, will I need to file these...

In 2020, I did an internship in the US and in July 2021, was asked to submit proof that "To support your claim for income tax paid to a foreign country". Unfortunately I missed this mail completely and was sent a Notice of reassessment in December 2021 that I owed 4.5k. I quickly submitted...

Hello PFC, Just got my tax return and NoA, and appear to have ~$6k over. 2022 NoA indicated $5,750 available RRSP contribution room for 2023. 2023 NoA indicates 2023 RRSP deduction limit = $7,252, minus 2023 RRSP contributions = $5,408. Therefore unused 2023 RRSP contribution room = $1,844...

Hey, I'm looking to move to a different country within the EU, and also technically starting a new job in another country, and this has raised many financial questions in me. I'll explain without specifically naming the countries if that's okay, so I'll use A B C D to represent them for privacy...

The details of the tax report looks like this. Kapitalerträge, die nicht dem inländischen Steuerabzug unterlegen haben Inländische Kapitalerträge €1,866.04 Ausländische Kapitalerträge ?? In den Zeilen 18 und 19 enthaltene Gewinne aus Aktienveräußerungen (i.S.d. § 20 Abs. 2 Satz 1 Nr. 1 EStG)...

I've done some research on this subreddit and outside (revenue), and I still don't fully understand how taxation would work on day trading. Let's say in a single day I made this trades: STOCK BUY SELL P/L A 100 85 -15 B 100 112 12 C 200 230 30 A 300 310 10 B 100 80 -20 B 500 485...

Hi folks, Not great at working these things out, but looking for some potential clarification on this. I joined my companies healthcare policy via Irish Life earlier this year after seeing it was a good deal. However, after going over my last few payslips every two weeks I have a H&D BiK of...

It’s a given that as a tax resident in Italy I need to pay Italian taxes on any distribution I receive but is the IRA account itself subject to the annual wealth tax (roughly 0.02% of the 31 December balance)? Edit: To clarify, I am not contributing to a U.S. IRA. I have one from when I worked...

Starting April 2022, EPF+VPF contributions above 2.5L per finyear is gonna attract taxes. My employee+employer contribution is about 70k per month (12% of basic salary). About 8.4L per year go to my PF account. How is the tax calculated on this? Flat 30% on 8.4L or 30% on (8.4-2.5)L?

Good morning Irishpersonalfinance, Am I making too many AVCs? Context: My employer has mandatory pension scheme after 6 months, I joined and had 1st payslip today. I am 27-years old and thus fall into