All Questions
5
questions
12
votes
3
answers
7k
views
Capital gains on stocks sold to take initial investment off the table
Suppose I have invested $100K in a stock that was trading at $100 per share. The stock has gone up by 10 percent and is now at $110. I sold 909 units at $110, i.e. 909*$110 ≈ $100K, which is ...
2
votes
1
answer
331
views
Initial investment in sole proprietorship
I've sole proprietorship business in Ontario. So far I've been doing web site and custom software development.
Then I open up an account for stock trading under same business name. And put some ...
- 121
1
vote
1
answer
78
views
U.S. stock sales- tax on sale for NR Canadian
I am a Non-resident Canadian living in Thailand on a Retirement Visa and my non-residency status dates back to 2013. I have no income except for CPP,. OAS, and a company pension all of which total $...
1
vote
1
answer
2k
views
US resident, Canadian citizen/non-resident tax questions: interest, TFSA, and dividends
I'm a Canadian living and working in the US, so I file and pay income taxes in the US, and am a non-resident of Canada for tax purposes. I am aware of my filing obligations to the IRS, but I have some ...
- 121
1
vote
2
answers
3k
views
Do I still need to pay capital gains taxes when I profit from a stock in a foreign currency?
Let's say I convert CAD 100 to USD 90. With the USD 90, I buy a stock that goes to USD 100, and then I sell it.
If I don't convert the resulting USD 100 back to (say) the CAD 105 it might be worth at ...
- 16k