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Taxation

Viewpoint – Should Small Business Investments Be Permitted in a TFSA?

Created in 2009, Tax-Free Savings Accounts (TFSAs) provide a flexible savings option. But TFSA rules forget about small businesses, shows an MEI Viewpoint published today suggesting that the category of qualified investments be expanded. Large corporations are already well-served by various investment vehicles; it is now time to think of small companies as well. Tax-Free Savings Accounts are the perfect tool for this.

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