Tax Stocks List
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Symbol | Grade | Name | Weight | |
---|---|---|---|---|
ZRE | C | BMO Equal Weight REITs Index ETF | 15.11 | |
XRE | D | iShares S&P/TSX Capped REIT Index ETF | 7.41 | |
ZFN | A | BMO SIA Focused North American Eq ETF | 6.58 | |
ZFC | B | BMO SIA Focused Canadian Equity Fund | 6.57 | |
RIT | C | First Asset Canadian REIT ETF | 5.4 |
Compare ETFs
Date | Stock | Title |
---|---|---|
May 14 | DOO | Investors in BRP (TSE:DOO) have seen solid returns of 149% over the past five years |
- Tax
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent. The first known taxation took place in Ancient Egypt around 3000–2800 BC.
Most countries have a tax system in place to pay for public, common, or agreed national needs and government functions. Some levy a flat percentage rate of taxation on personal annual income, but most scale taxes based on annual income amounts. Most countries charge a tax on an individual's income as well as on corporate income. Countries or subunits often also impose wealth taxes, inheritance taxes, estate taxes, gift taxes, property taxes, sales taxes, payroll taxes or tariffs.
In economic terms, taxation transfers wealth from households or businesses to the government. This has effects which can both increase and reduce economic growth and economic welfare. Consequently, taxation is a highly debated topic.
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