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Gold/Mining/Energy : TAXES, TAXATION, TAX and Canadian stocks -- Ignore unavailable to you. Want to Upgrade?

To: Jordan Levitt who wrote (252)	11/8/2000 12:01:00 PM
From: Kayaker	Respond to of 548

Here's a note I posted in the JDSU thread... Yesterday I did a "cross trade" in my RRSP to adjust the book value. I have a block of JDU shares purchased as JDS Fitel. Since the book value is so low, the 25% foreign content allowed is minimal. I did a cross trade as follows: My brokerage let me pick any price that occurred during the day, so I picked the high of 128. With internal shares, they did a sell for 128 and then a buy for 128 (no spread) and I was charged a reasonable commission. Now my book value has been adjusted to current prices and I upped my foreign content (QCOM shares).