Post by
Breakthorough1 on Mar 28, 2024 11:02am
Tax deduction
Hi,
Does anyone knows if there is already a date to count the loss for tax deduction?
Comment by
RockLobster1 on Aug 22, 2024 10:50am
Hi - in Canada you have to dispose of it.. ie sell or gift to your broker. It's the day you do that. Or use section 51(1) if I have that right where you claim the loss. That resets the ACB to 0, in case a company is later worth something to then claim the gain from 0. I have bought BIOV...