Ray invested $100,000 into a non-registered segregated fund contract. He earns $3,000 capital gain and $2,000 in dividends.Which statement best describes the tax consequences of Ray's investment gains?
A) The income remains in the fund, the ACB is adjusted
B) The income remains in the fund, the ACB is not adjusted
C) The income does not remain in the fund, the ACB is not adjusted
D) The income does not remain in the fund, the ACB is adjusted



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