FAQ - Capital régional et coopératif - Advantages of investing in Capital régional et coopératif

There are numerous good reasons to acquire shares of Capital régional et coopératif Desjardins, here are a few that are frequently raised:

  • You are seeking an investment that provides an impressive tax credit and potential long-term yield;
  • You are interested in investing in development capital that will assist regional development;
  • You are an investor who is prepared to accept a certain level of risk in your investments;
  • You contribute the maximum to your RRSP and are seeking an additional tax deduction;
  • You are pre-retired or already retired, you can no longer contribute to an RRSP, and you have a high income;
  • You are seeking an additional tax deduction to reduce your taxes owing;
  • You contribute a significant amount to your pension fund, which limits your contribution to an RRSP.

The provincial tax credit you are entitled to is equal to 35% of the purchase amount. The tax credit is non-transferable, which means it can only be used to reduce or eliminate taxes due. Unused portions of the tax credit may be transferred to a spouse for a particular year but cannot be deferred or amortized to the subsequent year. To take advantage of the tax credit available with the acquisition of Capital régional et coopératif Desjardins shares, the taxpayer must provide a declaration of revenues for Québec.

If you just consider buying, then it's true that labour funds are more advantageous. On the other hand, the opposite is true when it comes to redeeming. Because Capital régional et coopératif Desjardins offers a tax credit rather than tax savings, it is a lot more advantageous than labour funds when it comes to withdrawing money because there are no taxes to pay. Capital régional et coopératif Desjardins clearly has a net advantage in overall terms.

Moreover, labour funds are retirement funds that, in principle, can not be redeemed before the age of retirement, whereas Capital régional shares can be redeemed after a minimal seven-year period.

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