Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. for canadian tax purposes, is it possible to alway

For Canadian tax purposes, is it possible to always deduct investment advice or counselling fees...

80.2K

Verified Solution

Question

Finance

For Canadian tax purposes, is it possible to always deduct investment advice or counselling fees if you are holding a full brokerage account and your advisor provides yearly advice?

Yes, under any circumstances

No, the only exception is if you have a swap account with them

No

Yes, unless you have an RRSP, RRIF or other similar tax exemption accounts

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A candy factory has 250 kg of chocolate coated cherries and 300 kg of chocolate...

Basic Math
Q

Barium chloride and potassium carbonate combine to form barium carbonate and potassium chloride. The equation for...

Chemistry
Q

1 - The plates of a spherical capacitor have radii of 38.9 mm and 40.2 mm. (i)...

Physics
Q

John is currently an engineer at an automobile manufacturer in Ontario. Next year he is going...

General Management
Q

NO WIKI or PLAGIARIZING!! Reflect on the concepts of linear and non-linear systems. What concepts (only the...

Advance Math
Q

“In my opinion, we ought to stop making our own drums and accept that outside supplier’s...

Accounting
Q

2) The Central Valley Company is a merchandising firm that sells a single product. The company's...

Accounting
Q

courses SC BIOL1001 P Biology II Evolution E

Biology
Q

earson com Student PlayerHomework aspx homew stics SP1 2023 2 Lesson 5 K According to...

Statistics
Q

1 point Evaluate the integral 0 3 8x 1 dx

Calculus
Q

Ruiz Co. provides the following sales forecast for the next four months: ...

Accounting
Q

Zebra Company reports the following figures for the years ending December 31, 2019 and 2018...

Accounting