The CRA is Going After Day Traders Who Use Their TFSAs

FP | Jamie Golombek | Feb 16, 2023 Unlike an RRSP, a TFSA is not exempt from paying tax on business income from day trading In the past few years, active trading in a TFSA has been a focus area for the Canada Revenue Agency’s audit and reassessment activities, and the agency has been targeting

The post The CRA is Going After Day Traders Who Use Their TFSAs first appeared on National Crowdfunding & Fintech Association of Canada.