Q: I am a holder of CSU inside my TFSA - as such I have received shares of Lumine - realizing you are not tax experts are these Lumine shares allowed to be held inside my TFSA.
My advisor thinks they might not be - TBD. If they are not allowed they need to be removed - would that count as a withdrawal in the eyes of the CRA?
Thanks
My advisor thinks they might not be - TBD. If they are not allowed they need to be removed - would that count as a withdrawal in the eyes of the CRA?
Thanks