T.ITE: iTech Capital (TSE) Message Board

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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

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To: snake who wrote (4264)	2/29/2000 5:49:00 PM
From: Condor	Read Replies (1) of 5053

OT: It just dawns on me that the comparison vs. your .20 - .39 tax on the dollar cap. gains would be: In Can. you'd declare .66 for each dollar of cap. gains and it would be added to your taxable income. If your income was in the top marginal tax bracket, you'd pay 51 % tax on that. Conclusion ..... Alabama under 1 yr. cap gain tax 39% over 1 yr. cap. gain tax 20% Canada Any length of time cap. gain tax 33.7 % ( and less if your overall income is more modest) (.66 x's 51 ) Regards Condor

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