Buy Stocks-How To Buy Stocks

peter_007_peter asked:


I have a Canadian investment account. If I purchase a US stock do I pay taxes under US tax guidelines or Canadian tax guidelines?

Also I was wondering…In Canada you pay taxes on 50% of net capital gains from equities. Doesn’t this mean if you buy and hold a stock for 10 years it will be tax free for those 10 years making it the same as if it were in an RRSP?

Jacqulyn Justen

bmspelvis asked:


I’m 13 and am ready to be on my own account as for buy/sell stock , as of today I am on my parents account, will I save on taxes?
How do I go about filing… minimum gains?
What happens when I turn 18?

Casey Esbenshade