Sentences with phrase «nominal dollars without»
Some of the thinking is that since gains are taxed in nominal dollars without consideration of inflation, the lower rates on longer term investment offset the taxation on some of the phantom gain that only exists because of the devaluation of the currency.
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If the annuity payout produces constant nominal dollars (without an inflation adjustment), the gain terms should be in terms of nominal dollar amounts.
Dividend amounts rise steadily in terms of NOMINAL (without adjustments for inflation) dollars.
Asset location without adjusting for the tax effects of your RRSP: split your asset allocation up, using only nominal values (i.e. treat a dollar of bonds in your RRSP the same as a dollar of bonds in your TFSA or non-registered).