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

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To: mappingworld who wrote (181)7/17/2000 9:22:29 PM
From: Jim Bishop  Read Replies (1) of 548
 
I would think so Olga, but best to check with an accountant and Revenue Canada.

One question would be what value is put on it.

It could be that you take the price, low of the day I would hope, the day it hits your account and that is income. Then when you sell it, the gain or loss is a capital gain, or loss, as compared to the price it went in the account at.

I'm no an accountant or any expert, that just seems like the way they would probably do it.
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