Q: Hi Peter and staff
Your service is good and very appreciated . Awhile back when asked you indicated that other than very easy questions Peter reviews each answer .
Recently a couple of times a stock was said to be in a different sector than it is
Today Stan wondered if there were problems with a negative ACB on Richards PAckaging. He specifically said in a TFSA or other registered account - the answer that CRA will treat the negative ACB as a capital gain is clearly wrong .
Dennis
Your service is good and very appreciated . Awhile back when asked you indicated that other than very easy questions Peter reviews each answer .
Recently a couple of times a stock was said to be in a different sector than it is
Today Stan wondered if there were problems with a negative ACB on Richards PAckaging. He specifically said in a TFSA or other registered account - the answer that CRA will treat the negative ACB as a capital gain is clearly wrong .
Dennis