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Level 3
posted Mar 26, 2024 11:56:09 AM

How is the capital gain of an ETF fund taxed when this fund contains both Canadian and foreign companies? In other words, how does the 50% taxation rule apply?

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1 Best answer
Moderator
Mar 30, 2024 4:52:55 PM

There are many different factors that can affect the taxation of the sale of EFTs with foreign components. You should talk to someone who is knowledgeable on the subject, or ask the CRA if you have a specific scenario you need advise on.

3 Replies
Intuit Alumni
Mar 26, 2024 12:10:57 PM

Canada Revenue Agency (CRA) Electronic Funds Transfer Reporting If you have any questions related to EFT reporting requirements, call the CRA at 1-800-959-5525.

 

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Level 3
Mar 29, 2024 4:43:37 PM

Thank you for your response. Unfortunately, it belongs to a different question. I was asking about Exchange-Traded funds (ETFs), which are common investment tools.

Moderator
Mar 30, 2024 4:52:55 PM

There are many different factors that can affect the taxation of the sale of EFTs with foreign components. You should talk to someone who is knowledgeable on the subject, or ask the CRA if you have a specific scenario you need advise on.