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Re: ferab post# 305980

Thursday, 06/25/2015 5:09:20 PM

Thursday, June 25, 2015 5:09:20 PM

Post# of 361490
I have never heard of that!!!!

1. Did u actually receive tax return based on your purchase? If you did then the original price or purchase price could be the basis.

2. Closing an RRSP is usually taxed at 33% or so.

3. Offer to close the RRSP, by telling them that they made an error by allowing the purchase, and you will pay tax on current value.

4. Offer to sale all shares immediately and leave cash in RRSP, at your inconvenience since it was there mistake.

5. You cannot be responsible for what you bank, broker mistakenly let you buy within your RRSP account. They should have safeguards for that.

GO ERHE GO!!!