Re: Cdn Capital Gains deduction and tax sharing

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Re: Cdn Capital Gains deduction and tax sharing

in response to

Re: Cdn Capital Gains deduction and tax sharing

Sum4All

posted on May 18, 2008 01:02PM

.... unless it is a spousal contribution for an RSP trading account whereby the person making the spousal contribution gets to deduct said contribution from their taxes while the recipient gets to....claim no gains or losses as it's an RSP.

Yes, it is one of the few bones thrown to we taxpayers. The good part also is that, after it sits for 3 years, the spouse pays on the withdrawal and it is not attributed back to the contributor.