Capital Gains & Tax: Free Documents From ARG
Tax-Loss Selling is a way for investors to reduce their income taxes, and position their portfolio for future growth.Crystallizing a capital loss that offsets a capital gain to net tax to as close to zero is the goal, or to reduce tax as much as possible.
The investments cannot be held in a registered account (TFSAs and RRSPs, for example), and the use of the proceeds should be planned in advance.
YOU WILL RECEIVE: Tax Loss Selling
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