Agoracom: Small Cap Investment - Noront Resources - Re: OT - help with taxes

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Old Joe

Rank: Treasurer [?]

Points: 11584 [?]

Votes: 409 Score: 2.9 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: OT - help with taxes - franz

in response to

OT - help with taxes

franzneumann

posted on Feb 23, 2008 09:33AM

Based exclusively on past experience, I suggest you do your Capital Gain/Loss on a "First in - First out" basis. This is what the Taxation Dept. expects and will go after you if they want their Money now. Given the type of governing characters we have in at the moment I expect they will want every last cent they can get their hands on to cover their extravagance and ineptitude (GST reduction and Trust Funds Tax RECK! plus, plus, plus). Not saying the alternative is any better, just different?!!