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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

Industrials
Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Question
View:
Post by ZouZS3 on Mar 01, 2021 2:51pm

Question

If I have a non-registered cash account...I sold some shares but in within the cash account without redeeming the funds in my chequing is it considered a taxable gain at this point? Or I have to declare the gains when it is redeemed in my chquing account?
Comment by gwalker on Mar 01, 2021 3:04pm
darn right it is,  a capital gain happens at the sale
Comment by westcoast1000 on Mar 01, 2021 3:19pm
You will declare the gain (or loss) from a share sale on your tax return for 2021.
FormerXBC Inc
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