How The U.S. May Tax a Canadian Tax Free Savings Account – Repost
How The U.S. May Tax a Canadian Tax Free Savings Account Written by: Terry Ritchie Qualified individuals in Canada can start a Tax Free Savings Account (TFSA) and earn income in a tax-free manner. The TFSA account provides tax benefits for savings where investment income earnings, including capital gains and dividends, are not taxed when withdrawn. However, unlike the…