Ubil-u in TFSA

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What is the tax implication of holding UBIL-U in TFSA account?

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Asked on February 18, 2025 6:46 pm
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There should be no tax implications. Interest is generated tax-free.

The only thing one needs to look at when it comes to the TFSA is dividend payments from US corporations, as they are charged a withholding tax. Interest from US treasuries is tax-free.

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Posted by Dan Kent
Answered on February 19, 2025 7:58 am
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