Re: NOT tranfers to TFSA: jimmied

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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Fast1959

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Re: NOT tranfers to TFSA: jimmied

in response to

Re: NOT tranfers to TFSA

jimmied

posted on Aug 05, 2009 02:16PM

The TFSA has specific rules regarding stocks and transfers thereof. In your case which you described, a deemed disposition has occurred according to the TFSA rules and reg's..

As everyone's situation is unique in some way, you may want to revisit this topic with your accountant again. I deal with KPMG and if this is not correct, please advise myself and the board. Nothing better than catching your accountants off guard!!