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Ainsworth Lumber Co Ltd ANSBF

Forest Products Lumber & Wood Production


GREY:ANSBF - Post by User

Ainsworth Lumber Co Ltd > Does anyone know the tax treatment of the righ
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Comment by fibonnacion Apr 29, 2013 8:36pm
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Post# 21316422

RE: Does anyone know the tax treatment of the righ

RE: Does anyone know the tax treatment of the righ

you are taxed as capital gains on 100% of the procceds of the sale of the rights... meaning, your rights had a cost of $0.00 and any and all proceeds of the sale are taxable as capital gains... i just went thru this with my accountant as i did not factor this into my calculations at year end

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