Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

KENNADY DIAMONDS INC V.KDI

"Kennady Diamonds Inc. is a Canada-based diamond exploration company. It is engaged in the exploration, discovery, and development of diamond properties in Canada's Northwest Territories."


TSXV:KDI - Post by User

Bullboard Posts
Comment by briton Jul 25, 2012 10:53pm
217 Views
Post# 20153129

RE: book value

RE: book value

Hey Mates,

 

just a clarification for those who are unaware of how KDI will be taxed.

 

CRA deems the purchase price to be "0", despite what the brokerage account shows.  When you eventually sell your shares, or we're bought out, the entire selling price is deemed to be your capital gain for tax purposes.

 

Cheers,

 

Brit.

 

 

Bullboard Posts