Do I need to pay taxes on a trade profit if I do not take the funds out of my RRIF?
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Our response:
No. As long as your money remains inside your Registered Retirement Income Fund (RRIF), you do not need to pay any tax on returns, whether in the form of interest, dividends or capital gains.
Speak to a financial representative for additional information when buying and selling investments. You can learn more about investing and taxes on GetSmarterAboutMoney.ca.