A nice succinct summary of this tax ruling.
That's the reason I don't need any more tax selling for 2008. My ARU tax losses on the conversion will allow my to recover the capital gain taxes for the past few years. LOL.
BTW, with the surge in Kinross' SP of late I might even sell some K shares and take profit (which I may buy back later) to take advantage of that ARU tax loss.
We'll see.