RE:Capital Gainsindmuny wrote: When (if) the share exchange is made, NA for CWB, is the capital gain considered realized and taxable or is it not realized and taxable until NA is sold? Can't find reference to this online; any authoritative link would be appreciated.
I have been thru a LOT of these over the past 4 decades.
USUALLY__But NOT Always__There are Somewhat Complicated
CRA ELECTIONS whlch ALLOW the
DEFERRAL of the GAIN These WILL BE Explained in GREAT DETAIL in the Actual
INFORMATION CIRCULAR which WILL BE Received by
ALL Shareholders in Due Course