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cliffvb

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cliffvb

Re: nutsaboutgolf2001 post# 31110

Friday, 12/23/2005 11:40:28 AM

Friday, December 23, 2005 11:40:28 AM

Post# of 173859
Canadian capital gains taxed at half the rate of regular income regardless of the holding period! Now that is a system that I wish the USA would use. It always struck me as ridiculous that holding something for 1 day vs 364 days makes no difference to our tax bills but a 364 day vs a 365 day holding period makes a huge difference. And after that it doesn't make any difference whether it is 365 days or 3,650 days, its all the same again. GRRR..
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