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Financial Planning / Tax Strategies


Subject:  re:tax penalties Date:  11/2/2000  12:05 AM
Author:  BCE123 Number:  41422 of 127642

The scenario is this. I've been left some money. It's in Cananda. The money is sitting in a bank account up there. It's over 50,000 Canadian. I'm not invested in anything yet. I don't really know what the tax penalties are, if there are any. I'm seeking suggestions or any feedback from anyone who has been in this same postion. I'm 55 years old, self employed and hopefully working for at least 10-15 years. Tax deffered is what I'm thinking about. I'm new to the Fool, I've been working from TMF"Investment Workbook.
Thank you
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