CCRA...adjusted cost base....boatboy
in response to
by
HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Message: CCRA...adjusted cost base....boatboy
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In America we do not pay capital gains on retirement plans. We pay whatever our tax rate is when we withdraw the funds. That is why I took my NOT shares out of my retirement and into my personal account and paid regular income taxes at $3.37/sh. Future taxes will be LONG term capital gains. These taxes are not as odorous in the US. I still have a trading position in my retirement account that will be taxed as ordinary income when I withdraw whether the stock is up or down.
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Oct 12, 2007 08:57AM
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