MrB Posted March 29, 2011 Posted March 29, 2011 Was asked whether an individual CDN investor pays taxes on realized and unrealized gains on an annual basis when invested in non CDN fund? Anyone wants to take a stab?
NormR Posted March 29, 2011 Posted March 29, 2011 Was asked whether an individual CDN investor pays taxes on realized and unrealized gains on an annual basis when invested in non CDN fund? Anyone wants to take a stab? I'm going to assume that the Canadian investor is a resident of Canada and a non-Canadian fund is a fund sold outside Canada rather than a fund in Canada that holds non-Canadian securities. In which case, it's an event that shouldn't happen because the non-Canadian fund isn't licensed to do business in Canada. (Welcome to the dumb world of securities law.)
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