RE: RE: RE: RE: RE: RE: RE: RE: RE: TAX LOSS SELLI Heres how it works.If you bought at $5 the acb is $5.If you sell in dec at 50 cents you have a nice capital loss to
apply to your other stuff to reduce taxes.If you buy it back in jan then it becomes an artificial loss which
really means no loss at all.ts like the tax loss sale never occurred and your acb is still $5.If you did that
then you got away with one.This is the reason they brought the artificial loss rule in in the first place.If
you wait the three months and then buy back in your original tax loss is ok and your acb is whatever
you paid for the stock when you bought back in.