Posts Tagged Deloitte

The New Tax Free Savings Account (TFSA) - How Does It Work?

Posted in Personal and Corporate Income Tax • Tags: , , ,

The proposed TFSA is a registered savings account that allows taxpayers to earn investment income tax-free inside the account. Contributions to the account are not deductible for tax purposes, and withdrawals of contributions and earnings from the account are not taxable. The February 26, 2008 Budget proposed that this starts January 1, 2009.

What Is This TFSA?

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Posted on April 15, 2008 by HART (1-800-HART) • There are no comments, hop to it!