TAXES, TAXATION, TAX and Canadian stocks Message Board

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Gold/Mining/Energy : TAXES, TAXATION, TAX and Canadian stocks

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To: Pied Piper who wrote (471)	11/26/2001 5:40:43 PM
From: Robert Salasidis	of 548

You can do that, and switch it in your account over to the C$ side, so that when you sell, you sell it in C$. The currency capital gain has to be taken into account though (which gets complicated) If the question is Can stocks vs US stocks (ie not colisted Can stocks), then the main advantage of buying Canadian is the dividend tax credit, which you would not get on US stocks (but would get on a Can stock that trades in the US (Alcan for example))

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