Agoracom: Small Cap Investment - POET Technologies Inc. - Canadian TFSA Help

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Psycho9778

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Canadian TFSA Help - PTK

posted on Dec 05, 2016 06:27PM

Hi guys,

I would like to put a positive spin on the current SP. At $0.285, if I am doing my math right, and $5,500 TFSA contribution limit, I can transfer 19,298 shares of PTK into my TFSA. That would be tax free as my cost on those shares is $1.15 each. Can someone confirm the math and tax implications?