Ask Sawal

Discussion Forum
Notification Icon1
Write Answer Icon
Add Question Icon

Manjeet Aalam




Posted Questions



Wait...

Posted Answers



Answer


Purchased Price: Rs 695 INR from Amazon India

REVIEW

To clean the baby's skin, wipes are also used.I ordered it for the baby because the wipes will help to get fresh.These wipes are meaningful if there is nothing to clean it and no clothes to clean it.A nice scent keeps the skin even more fresh.


Answer is posted for the following question.

This vacation should I buy Johnson's Baby Skincare Wipes with Lid, 72s Twin Pack (Buy 2 Get 1 Free) (432 Wet Wipes), White [Review]?

Answer


Deliberate over contribution – a contribution that an individual makes to the TFSA that results in, or increases, an excess TFSA amount, unless it is reasonable to conclude that the individual neither knew nor ought to have known that the contribution could result in liability for a penalty or tax. Income that is reasonably attributable, directly or indirectly, to a deliberate over-contribution is an advantage subject to the special tax on advantages.

Excess TFSA amount – the total of all contributions made by the holder to all their TFSAs at or before a particular time in the calendar year, excluding a qualifying transfer or an exempt contribution.

Minus all of the following amounts:

For more information, see the definition Qualifying portion of a withdrawal.

Exempt contribution – a contribution made during the rollover period and designated as exempt by the survivor on prescribed Form RC240, Designation of an Exempt Contribution Tax-Free Savings Account (TFSA), in connection with a payment received from the deceased holder's TFSA.

Exempt period – period that begins when the holder dies and that ends at the end of the first calendar year that begins after the holder's death, or when the trust ceases to exist, if earlier.

Fair market value (FMV) – is generally considered to mean the highest price expressed in terms of money that can be obtained in an open and unrestricted market between informed and prudent parties, who are dealing at arm's length and under no compulsion to buy or sell.

For information on the valuation of securities of closely-held corporations, see Information Circular IC89-3, Policy Statement on Business Equity Valuations.

Holder – the individual who entered into the TFSA arrangement and, after the death of the holder, the individual's spouse or common-law partner (the survivor) if designated as the successor holder of the TFSA. The surviving spouse or common-law partner can designate a subsequent survivor as their successor holder.

Issuer – a trust company, a licensed annuities provider, a person who is, or is eligible to become, a member of the Canadian Payments Association, or a credit union with which an individual has a qualifying arrangement.

Non-arm's length – generally refers to a relationship or transaction between persons who are related to each other.

However, a non-arm’s length relationship might also exist between unrelated individuals, partnerships or corporations, depending on the circumstances. For more information, see the definition of Arm’s length.

For more information, see Income Tax Folio SI-F5-C1, Related Persons and Dealing at Arm's Length.

Non-qualified investment – any property that is not a qualified investment for the trust. For more information, see Income Tax Folio S3-F10-C1, Qualified Investments – RRSPs, RESPs, RRIFs, RDSPs and TFSAs

Prohibited investment – this is property to which the TFSA holder is closely connected. It includes any of the following:

A prohibited investment does not include a mortgage loan that is insured by the Canada Mortgage and Housing Corporation or by an approved private insurer. It also does not include certain investment funds and certain widely held investments which reflect a low risk of self-dealing. For more information see Income Tax Folio S3-F10-C2, Prohibited Investments – RRSPs, RESPs, RRIFs, RDSPs and TFSAs

Qualified donee – the Income Tax Act permits qualified donees to issue tax receipts for donations they receive from individuals or corporations. Some examples of qualified donees are registered charities, Canadian municipalities, registered Canadian amateur athletic associations, the United Nations or one of their agencies, or universities outside Canada that accept Canadian students.

Qualified investment – an investment in properties, (except real property) including money, guaranteed investment certificates, government and corporate bonds, mutual funds, and securities listed on a designated stock exchange. The types of investments that qualify for TFSAs are generally similar to those that qualify for registered retirement savings plans. For more information, see Income Tax Folio S3-F10-C1, Qualified Investments – RRSPs, RESPs, RRIFs, RDSPs and TFSAs

Qualifying arrangement – an arrangement that is entered into after 2008 between an issuer and an individual (other than a trust) who is at least 18 years of age that is any of the following:

Qualifying portion of a withdrawal – the portion of a withdrawal from the TFSA (excluding a qualifying transfer or a specified distribution), made in the year, that was required to reduce or eliminate a previously determined excess TFSA amount.

Qualifying transfer – a direct transfer between a holder's TFSAs, or a direct transfer between a holder's TFSA and the TFSA of their current or former spouse or common-law partner if the transfer relates to payments under a decree, order, or judgment of a court, or under a written agreement relating to a division of property in settlement of rights arising from the breakdown of their relationship and they are living separate and apart at the time of the transfer.

Rollover period – the period that begins when the TFSA holder dies and ends at the end of the calendar year that follows the year of death.

Self-directed TFSA – a vehicle that allows you to build and manage your own investment portfolio by buying and selling various types of investments.

Specified distribution – a distribution from the TFSA to the extent that it is, or is reasonably attributable to, an amount that is any of the following:

A specified distribution does not create or increase unused TFSA contribution room in the following year, nor does it reduce or eliminate an excess TFSA amount.

Specified non-qualified investment income – income (excluding the dividend gross-up), or a capital gain that is reasonably attributable, directly or indirectly, to an amount that is taxable for any TFSA of the holder (for example, subsequent generation income earned on non-qualified investment income or on income from a business carried on by the TFSA).

Spouse – a person to whom you are legally married.


Answer is posted for the following question.

What is tfsa in stocks?

Answer


Netflix allows users to download TV shows and movies via its app for iOS, Android and PC for offline viewing It isn't immediately obvious


Answer is posted for the following question.

How do u download tv shows on netflix?

Answer


The purpose of this course is to provide instructor candidates with the basic


Answer is posted for the following question.

How to become naemt instructor?

Answer


The work efficiency formula is efficiency = output / input , and you can multiply the result by 100 to get work efficiency as a percentage. This is used across different methods of measuring energy and work, whether it's energy production or machine efficiency.


Answer is posted for the following question.

How to calculate percentage efficiency?

Answer


  • Phonetic spelling of Zerahiah. zer-ahi-ah. zer-ah-yaw. Zer-ahiah.
  • Meanings for Zerahiah. the Lord rising; brightness of the LORD - from the Bible.
  • Translations of Zerahiah. Spanish : zarahi. Portuguese : Zeraías. Chinese : 西拉希雅 Korean : 스라히야

Answer is posted for the following question.

How to pronounce jehovah uzzi?


Wait...