Do you pay interest or tax when you sell a bond?
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Our response:
All investments held in non-registered accounts are subject to tax, but not all investment income is taxed in the same way or at the same rates. Depending on where you hold your bond, e.g. in a registered account like an RRSP or TFSA, the tax you pay may vary. Learn more about bonds and how to buy and sell bonds.
We are not able to provide financial advice. Speak to a registered financial advisor or tax professional for more information what happens when you sell a bond.