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RRSP and RRIF Canadian tax settings in Sharesight portfolios

by Angela Thompson, Sharesight

Great news for Canadian investors! Today we’re pleased to formally announce new tax settings for Sharesight portfolios, just in time for the Canadian tax season. As a reminder, April 30 is the deadline to file your 2017 taxes (if you’re self-employed, it’s June 15).

Featured - Tax Settings Canada

New tax settings for Canadian Sharesight portfolios

Investors with a Sharesight portfolio tax residency set to “Canada” now have a choice of the following tax settings which conform to Canadian Revenue Agency (CRA) tax reporting rules:

  • Non-registered – standard tax rules apply (default)
  • Registered Retirement Savings Plan (RRSP) – Non-resident withholding tax does not apply for US stocks
  • Registered Retirement Income Fund (RRIF) – Non-resident withholding tax does not apply for US stocks

More info

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