denis p Posted April 4 Report Posted April 4 can I apply Carrying charges for money to purchase common shares that do not pay dividends? Quote
Geo123 Posted April 4 Report Posted April 4 Hello denis p, Claim the following carrying charges and interest you paid to earn income from investments: - fees to manage or take care of your investments (other than any fees you paid for services in connection with your pooled registered pension plan, registered retirement income fund, registered retirement savings plan, specified pension plan, and your tax-free savings account) -fees for certain investment advice (see Interpretation Bulletin IT-238, Fees Paid to Investment Counsel) or for recording investment income -most interest you paid on money you borrowed for investment purposes, but generally only if you use it to try to earn investment income, such as interest and dividends <===CHECK with the CRA Quote
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