TSX:AX.PR.E - Post by User
Post by
garyreinson Jun 23, 2024 3:34pm
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Post# 36102420
CAPITAL GAINS
CAPITAL GAINSIf you had 100k capital gains that is impacted by the inclusion rate change, it likely costs an additional 7k in profits to trudaue or 7% (obviously depending on tax bracket), which is pretty much how XRE sunk through june. So it you align the amounts its somewhat reasonable.
The question is, is this sell off reboundable, given every stock is less favorable now with this change, if you are a corporation