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Gold/Mining/Energy : TAXES, TAXATION, TAX and Canadian stocks
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To: Sans Souci who wrote ()2/25/2000 10:12:00 PM
From: Sans Souci  Read Replies (3) of 548
 
Hi: Still hoping that someone can answer this question:

>> Just read that the capital gains "inclusion rate" might be lowered to 65% (from the current 75%) in the upcoming Feb-28th budget. That would be great news indeed for those holding unrealized gains.

QUESTION:

IF this happens, exactly WHEN would it take effect?
- Gains crystallized anytime after Feb-28th budget day?
- Gains crystallized anytime in 2000?
- Or, will there be some future cut-off date?

Thanks in advance,

S/S
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