Wednesday, October 7, 2015

Taxes on stock gains

So I live in Montreal, Canada and am on the verge of beginning to trade and one of my biggest questions to which I have yet to obtain an answer from is if there are taxes on stock gains? Do you keep all of the profits (minus commission obviously) you make off a trade? If no, are taxes applicable once you withdraw the money from you portfolio? What if you use a TFSA? I ask because I have understood that in London (I believe) 100% of the money you make, you keep thus making 100k in the stock market is more in the end rather than making 100k in a taxable job.



Submitted October 07, 2015 at 09:23AM by Onntenn http://ift.tt/1QZet7Y

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