OTCPK:CPPMF - Post by User
Comment by
BMP2000on Jan 17, 2011 7:00pm
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Post# 17986491
RE: Capital Gains/Losses on Share Transfer
RE: Capital Gains/Losses on Share TransferCheck737 is correct - you pay tax on the capital gain but cannot claim the capital loss on transfers in kind.
See
https://www.cra-arc.gc.ca/E/pub/tg/rc4466/rc4466-e.html#P44_1121
Look halfway down under the Types of Investments Allowed section.