Business income within a TFSA is taxable, confirms Federal Court of Appeal

By Anosha Khan ( June 13, 2024, 4:36 PM EDT) -- The Federal Court of Appeal has dismissed an appeal of tax reassessments where the appellant argued that a tax-free savings account (TFSA) trust for a business should be tax-exempt because that is the case for a registered retirement savings plan (RRSP). ...
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