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During the income year, Frank made the following capital gains: Capital gain of $15,000 on the sale of his shares in Alpha Co (This is
During the income year, Frank made the following capital gains:
Capital gain of $15,000 on the sale of his shares in Alpha Co (This is not a discount capital gain)
Capital gain of $20,000 on the sale of his shares in Beta Co (This is a discount capital gain. He is eligible for a 50% discount).
He also made a capital loss of $10,000 on the sale of his land and he has a net capital loss from last year of $5,000. What is Frank's net capital gain in the income year?
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