Question
A resident individual has the following capital gains and losses for the year: 1) Discount capital gain on shares (before discount applied) $40,000 2) Capital
A resident individual has the following capital gains and losses for the year:
| 1) Discount capital gain on shares (before discount applied) | $40,000 |
| 2) Capital loss on jewellery | $4,000 |
| 3) Net capital loss from prior year share trades carried forward | $1,000 |
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What is their minimum net capital gain for the year?
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People Centric Skills Interpersonal And Communication Skills For Auditors And Business Professionals
Authors: Goldberg
1st Edition
1118850815, 978-1118850817
