Re: Sage & Tax Loss Selling

Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

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Notie Girl

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Re: Sage & Tax Loss Selling

in response to

Re: Sage & Tax Loss Selling

Investlots

posted on Dec 17, 2007 07:47PM

Yes that is correct. If you buy the same shares back in less than the 31st day it will trigger the superficial loss rules in Canada. This effectively nullifies your loss.

Notie Girl

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