Question:
Unsure if it is related...if not apologies and please move to correct thread.
When I was with my former company, I was able to match stock contribution up to X % into Non-Registered and Registered. I split the contribution amount (so as to not over contribute and be penalized in RRSP). When I ended up leaving my company, the Registered were transferred over from Canadian Stock Transfer to my RRSP account. The Non-Registered were transferred into an Investment account with the same bank.
Currently, the shares of that former company are sitting in kind in the investment account. If I sell those shares and withdraw the money will I be taxed?
Thanks
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