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


To: Chad Barrett who wrote (514)12/16/2002 2:22:46 PM
From: Kayaker  Read Replies (2) | Respond to of 548
 
I don't see a reason to do what you suggest. I would apply the loss as far back as you can (max 3 years) if you have gains back there to apply against, particularly since the capital gains rate was higher then.

If you take the profits now and buy the stocks back, all you are doing is paying taxes now rather than later. Not good, IMHO.