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March 26, 2024
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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?

  • March 26, 2024
  • 2 replies
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    Best answer by TurboTaxSusan

    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.

    2 replies

    March 26, 2024

    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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    ge55za_baAuthor
    March 29, 2024

    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.

    TurboTaxSusan
    March 30, 2024

    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.