How is SLV/GLD taxed for Canadian nonregistered investment accounts? - bullion exchange
As for personal (not commercial) to an investment account in Canada, and citizens are the profits of the shares in U.S. ETF bullion (ie, SLV, GLD, IAU) securities taxed as capital gains (including 50% of IE)? ?
The reason I ask that these funds are not yet registered
Investment companies, but as "grantor trusts, instead of" structured.
I know that the ETF shareholders are U.S. and foreign law
recognized as "corporate social investment" and thus the unity of the Foreign Investment Law, the high taxes that could lead to so
ETFs and closed-end funds are registered investment companies enjoy the same tax treatment for people in Germany in terms of provisions (such as basic capital gains w / 50% admission rate).
But that is the relationship of trust "components" together metal ETF (GLD / SLV) is also favorable tax treatment of the same (get) 50% inclusion rate for capital gains and nothing else?
Thursday, January 7, 2010
Bullion Exchange How Is SLV/GLD Taxed For Canadian Nonregistered Investment Accounts?
2 comments:
Rate of 50% is too high and over 32%, at least in the U.S., but I can not talk about taxes, but are considered CONVENIENCE Canadian and therefore subject to higher tax brackets. sorry.
Learn from Barclays Global Investors, Toronto. This is the company that manages GLD and SLV do not know, by the IAU.
You can support your team call to the big 1-866-486-4874. The team works mainly with the sale, the broker BGI ETFs, however, an unfortunate aspect of his work is to respond very serious questions about the persistence of small investors or potential investors how to it. Can guide the decisions of the national tax authorities.
In Canada, on May discrepancy between the tax provisions of the Legal vs. SLV. I believe that BGI has made the GLD ETF in Canada, but no money back. Set to be safe.
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