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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Dave4444on Oct 06, 2015 2:54pm
170 Views
Post# 24168425

RE:RE:RE:RE:Market

RE:RE:RE:RE:Market
" Its my understanding that these daily swings are due to holders transferring into TFSA and RRSP some of their CXR shares held in their cash accounts." Doing that would be very bad tax planning, the superficial loss rules would kick in to deny the loss as you would own shares in another count within 30 days of selling. Thus a "superficial loss" for Canadian tax purposes, and because you would be putting them in non-taxable accounts, the loss would be gone forever.
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