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Do mutual fund "Trailing commissions" count as carrying charges (i.e. "Investment counsel fee" or "Management fee"?
February 27, 2024
5:58 AM
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Investors and rental owners
Trailing fees are not tax deductible. CRA’s website outlines amounts you can deduct from your personal income tax return. Management fees on mutual fund investments, such as “trailing fees” are not listed on CRA’s website as tax deductible.
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February 27, 2024
6:17 AM