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.
: s' J0 _# f8 r6 h7 r# K
6 [0 n! @5 X, i3 {( s1 l E: v6 x LActually 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.