XPAY KNOWLEDGE

Industry WIKI

Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Tax-free savings account

A tax-free savings account (TFSA, French: Compte d'épargne libre d'impôt, CELI) is an account available in Canada that provides tax advantages for saving and investing. Investment income, including capital gains and dividends, earned in a TFSA is generally not taxed, even when withdrawn. Contributions to a TFSA are not deductible for income tax purposes, unlike contributions to a registe