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.
- p c$ X& M( O& O- ]: e5 G: x5 k" I+ x9 O8 O0 L
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.