RRSP and RRIF Canadian tax settings in Sharesight portfolios
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).
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
Visit our dedicated help page: Changing the tax setting of your Canadian portfolio
Share your feedback in our forum: Canadian tax settings in Sharesight portfolios
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Simply the best portfolio tracker for Canadian investors
Join the thousands of Canadian investors already using Sharesight to manage their investment portfolios. To get started for FREE, simply sign-up and import your stocks and mutual funds. Then watch as corporate actions such as dividends and stock splits are automatically incorporated. And there’s even a handy mobile app that lets you track your portfolio on the go!