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Home -> Glossary -> In-Kind TransactionsIn Kind Transactions
In kind means using assets instead of cash for some
purpose.
The advantage of in kind transactions is that the investments do not
have to be sold.
Donations can be made in kind, by donating securities instead of
cash, resulting in the elimination
of capital gains taxes on any gains .
In kind contributions to registered savings plans
can be made by transferring
investments into the account. Make sure this is not done using
investments on which you have a loss, because the loss will be
disallowed.
See our article Transfer
shares to your registered account, but not at a loss .
Withdrawals can be made in kind from an RRSP or a registered
retirement income fund (RRIF) by transferring out investments.
See our article on this topic .
When an RRSP must be converted to a
RRIF , all of the RRSP investments
can be transferred in kind to the RRIF.
TaxTips.ca Resources
Transfer
Shares to Your Registered Account, But Not at a Loss
In
Kind Transfers Not on Your T5008?
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