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The fresh transfer must be accomplished in person amongst the TFSAs by issuer. If you withdraw the funds yourself and you may lead a similar finance to some other TFSA, so it purchase would not be thought an immediate transfer and you will have tax outcomes. If you want to import funds from you to TFSA to another or from one issuer to some other, there won’t be any income tax effects if the issuer completes an excellent direct transfer for you. Transmits amongst the own TFSAs and those completed abreast of the brand new malfunction out of a marriage otherwise common-law connection are believed being qualified transmits.

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