you will receive a capital gain slip from your financial institution, and report capital gain in your yearly income tax return. You do it online e.g. bmo investline
you will receive a capital gain slip from your financial institution, and report capital gain in your yearly income tax return.
* o/ K8 n! w( S
# N: v# C L, I4 ]6 T q- q" o }1 Z
Actually half of your net Capital Gains (Gains - losses) add to your taxable income. Then based on the taxable income, you calculate your tax payable in the year.
Actually half of your net Capital Gains (Gains - losses) add to your taxable income. Then based on the taxable income, you calculate your tax payable in the year.