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To: loantech who wrote (54430)12/20/2007 10:15:34 AM
From: philv  Read Replies (2) | Respond to of 78419
 
Last day for Canadian tax loss is Dec.21st.



To: loantech who wrote (54430)12/20/2007 10:57:40 AM
From: ogi  Respond to of 78419
 
Just a note Loantech, under Canadian tax laws the trade must settle before the end of the year, that is why Dec 21 is our last day, can't be sure the trade will settle on time because of the holidays if you wait beyond the 21 st. I would assume the same applies in the U.S. but perhaps your law allows the sale date to apply rather than the settlement. I know I have had trades held for review and what I did in my account that day was not verified right away.

Cheers,
Ogi