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Re: chklingon post# 21222

Friday, 11/03/2006 1:40:25 PM

Friday, November 03, 2006 1:40:25 PM

Post# of 162904
chk: False. In USA, you pay cap gains taxes on "realized" unearned income re: stock sales. In this case, you would only pay taxes on a gain when you SELL the stock dividend. Until that gain is "realized," there are no taxes levied. I think Canada may treat a stock dividend differently. Please check facts before broadcasting errant info.






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