Re: WTG shares are in my BMO accounts + tax question

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Chauncey Gardiner

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Re: WTG shares are in my BMO accounts + tax question

in response to

WTG shares are in my BMO accounts + tax question

balducci

posted on Oct 27, 2011 10:45AM

RE: I have an overall loss on my CMM shares. Should I be reporting this loss as though the shares were sold in 2011 at the last price CMM traded at?

I called Canada Revenue Agency yesterday and they advised that seeing that it is a share swap that you do not report a gain or loss at this time. You simply adjust your average adjusted cost for the WTG shares.

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