Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Capital Gains.
god damn it, i should of never sold anything
i need to learn how to hide my Capital Gains, should i dump it in BTC?
god damn it, i should of never sold anything
i need to learn how to hide my Capital Gains, should i dump it in BTC?
Dude, we have a $750k capital gains personal exemption here in Canada....use it.
this is what hes talking about.
not sure how to apply this to bitcoin.
https://repsourcepublic.manulife.com/wps/wcm/connect/954ef280433c1d79b02df6319e0f5575/ins_tepg_capitalgainex.pdf?MOD=AJPERES&CACHEID=954ef280433c1d79b02df6319e0f5575
Sorry...this is so off topic...
You own an investment, you bought it for X, sold it for 100X, you incurred an amount of capital gains and can claim part of your lifetime capital gains exemption.
http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns248-260/254/menu-eng.html