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: Sans Souci who wrote ()	5/9/2000 10:53:00 PM
From: toccodolce	Read Replies (2) of 548

Hi, I've got a question for the thread. Suppose I own some stocks valued over $100,000 but my adjusted cost base is less than $100,000 do I have I still receive the capital gains tax and do I have to report it if I still haven't sold them yet? Also, if I do convert them back to Canadian dollars am I taxed again by RC? My take is that I do have to report it when I file my tax return and I won't be receiving the capital gains tax either. I asked the question because a friend asked me what my opinion was and were still arguing. Please help settle the dispute. TIA, Tom...

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