Invest in tomorrow, while saving on your taxes today

Tax Resource Centre

Taxes are an important consideration when making any investment decision. The TD Asset Management Inc. tax resource centre is here to provide you with important tax related tools and resources for your registered savings plans, mutual funds, and exchange-traded funds (ETFs) to help you make informed decisions.

Important Information About Your Tax Slips

For an ETF held in a non-registered account, you will receive a T3/R16 tax slip for distributions received during the tax year from the dealer where you hold your units.
For mutual funds, your T3/R16 tax slips are sent directly by the mutual fund issuer. Slips are required to be mailed by the end of March.
For the breakdown of TD Mutual Funds and TD ETFs distributions for the year, refer to Fund Distributions below.

Tax & Retirement Planning

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At TD Asset Management Inc. (TDAM), we understand the importance of tax planning to investors. There are many tax-efficient investment vehicles available to Canadians to help maximize after-tax income and grow their investment portfolios.

For example, you may consider using a Registered Retirement Savings Plan (RRSP) or Tax-Free Savings Account (TFSA) to save for retirement or a Registered Education Savings Plan (RESP) for a child’s education. You may also want to take advantage of appropriate deductions and government sponsored benefits. In addition, consider whether it is advantageous to hold investments that earn relatively tax-efficient income, such as Canadian dividends or capital gains.

TDAM has created this guide to help outline some tax planning information.

Tax Insights

TFSA Limit Rising to $7,000 for 2024: What Will You Do WIth the Extra Room?

People will soon be able to put more money into their Tax-Free Savings Account. The contribution limit is set to rise to $7,000 for 2024, up from $6,500 in 2023. Georgia Swan, Tax and Estate Planner, TD Wealth, joins Anthony Okolie to discuss how the limit gets calculated and how you can make the most of the TFSA benefits.

Top 5 tax considerations when investing in ETFs

While investors shouldn't prioritize tax efficiency when investing in ETFs, taxes can have a profound effect on overall return.

Is There a Silver Lining in Investment Losses?

Tax-loss selling is the act of selling a security at a loss (capital loss) and using the loss to offset realized gains (capital gains) incurred from selling other securities in a non-registered account.

Important Tax Dates and Resources

Important dates and reminders you need to know for the tax year as well as links to helpful resources.

Fund Distributions

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How Do Mutual Fund Distributions Work?

Distributions paid by mutual funds represent earnings generated by different types of investments held in the fund. As these investments earn income or are sold by the fund, the earnings are distributed in various ways. Depending on the source of the earnings, mutual fund distributions can have different tax implications and should be clearly understood for efficient tax planning.

Download the Distribution Guide Here >.

Learn More

Tools and Calculators

Retirement Savings Calculator

Retirement Savings

Create a personalized retirement plan in an easy-to-print format.

TFSA Calculator

CFA Tool

Whether you're saving for your dream wedding, a rainy day, your first home, or an extended vacation, a TFSA can help you reach your goals sooner.

Compound Interest Calculator

Graphing Tool

Long-term investing can be a great way to save for your future. Use our compound interest calculator to see how your investments could grow over time.

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