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Galway Resources Ltd V.GWY



TSXV:GWY - Post by User

Comment by SchiffKnowsBeston Jan 02, 2013 6:26am
156 Views
Post# 20787680

RE: RE: RE: RE: Got'em

RE: RE: RE: RE: Got'em

Gains are treated different than losses.  If you sell a stock at a gain on Dec 31st 2012, then you need book it in 2012.  If you realize a loss any day after the 24th then you realize it in the next calendar year.  I do believe we need to report our gains in 2012.

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