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.
% ^. F3 j& s% y' X# S2 E( U# Y $ n; |9 N9 e5 o- ]* s- J1 f$ qActually 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.