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Re: octagramt post# 3830

Monday, 03/19/2012 10:43:48 PM

Monday, March 19, 2012 10:43:48 PM

Post# of 5675
I am not sure about Canadian tax laws, but in the US you can get the money from a stock going privet and reinvest it in a stock from the same industry (or same companyas in this case) without incurring the capital gains tax.
(reference to stock washing)

I'd assume a smiler mechanism is in effect in Canada.

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