RE:Tax complexity, September 4 2024 SIBSo if I remember correctly, I bought at $8 and tendered for $12.
Company stating "Paid up Capital was $14.98" and tender represents $0.48/share distribution".....
Do I have a Capital gain of $4/share??? ...... or do I have a LOSS !!!! LOL ...... or do I have a dividend of $0.48/share...... Or do I have a Capital Loss and a dividend LOL.....
Who knows.... will see what tax slips and info brokers sends me.....
Any accountants out there know the answer and care to share?