Agoracom: Small Cap Investment - San Gold Corporation - Re: Bruce

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AndyK

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Re: Bruce - capital gains

in response to

Bruce - capital gains

elementwise1

posted on Aug 21, 2008 10:37AM

you are correct on the tax advantage of the flow through shares, it can be directly deducted from your income, in the year of purchase, just like an RSP, the difference between the 2 are the RSP when cashed in is taxed as income and the FT is taxed as capital gains (50%) on the entire amount.