TSX:STB.DB.A - Post by User
Comment by
jammo71on Dec 10, 2015 1:19pm
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Post# 24373696
RE:RE:RE:RE:RE:buyback on up to dec 4 to dec 8
RE:RE:RE:RE:RE:buyback on up to dec 4 to dec 8I'm in Canada, and if I sell the stock with the hope of taking a capital loss then I can't buy it back within 30 days, or else I lose the tax benefit of the loss.
You are correct that you can sell it then buy it back seconds later, but it doesn't seem like you have a grasp on the capital gain/loss implications.