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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by bond46on Jul 12, 2012 4:24pm
206 Views
Post# 20108425

RE: RE: RE: RE: RE: RE: RE: RE: TAX LOSS SELLING I

RE: RE: RE: RE: RE: RE: RE: RE: TAX LOSS SELLING I

Will the reparchase price of 50cents on Jan 09 be considered the new cost base for the stock? Or the old cost base of $5 will still be the cost base. If so, it pays to tax sell, I thought that the repurchase price on Jan. 09, say $.50 would be the new cost base in which case, if it came back up to $5 you would pay capitlal gains From the sound of it you seem to be an accountant, We can always use an good accountant on our blogs. Cheers.

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