Posts Tagged Mutual Funds

Minimizing Tax Held in Mutual Funds in a Corporation

When it comes to tax minimization, the use of Corporate Class mutual fund structures is a strategy that has significant benefits to individuals and to corporations. Switching from one mutual fund to another triggers capital gains taxes in traditional mutual funds. However, the same switch ...

Comments Off on Minimizing Tax Held in Mutual Funds in a Corporation   |   Posted in Financial Planning for Business Owners,Mutual Funds,Retirement Planning,Tax Planning November 23, 2009

The Effect of Harmonized Sales Tax on Mutual Fund Investors

The proposal to harmonize the PST with the GST will effectively increase the management fee on a mutual fund investment by 8% (the PST) effective July 2010. This is not in the best interests of mutual fund investors or the people of Ontario. The main reason ...

Comments Off on The Effect of Harmonized Sales Tax on Mutual Fund Investors   |   Posted in Mutual Funds,Savings and Investments,Tax Planning,Uncategorized October 05, 2009