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.
7 {& A* E9 w* r! L7 N3 C ! N8 w$ i2 ~5 q! }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.