Tax & Accounts

Taxes can quietly erode investment returns. These guides explain how common tax rules work so you can hold investments in the right account and avoid costly surprises.

Guides cover Canadian and U.S. rules. Each guide is labelled with the country it applies to. For accounts, see Retirement Planning.

Canada CA

Capital Gains Tax (Canada)

How capital gains are taxed in Canada, and what it means for your investment returns.

 Dividend Gross-Up & Credit (Canada)

How the dividend tax credit works and why your T-slip shows a "grossed-up" amount.

United States US

Capital Gains Tax (U.S.)

Short-term vs long-term gains, the 0%, 15% and 20% rates, and the $3,000 loss limit.

 Tax-Loss Harvesting (U.S.)

Using losses to cut tax, and the 30-day wash-sale rule.

Related reading

TFSA vs RRSP · Tax-Loss Harvesting (Canada) · Retirement Planning · Glossary: TFSA · Glossary: RRSP · Glossary: Capital Gains · Full Glossary