Gain on sale of public corporation shares Loss on sale of shares of a CCPC qualified as a small business corporation Dividends from foreign corporations, net of $200 withholding tax Loss on sale of land that was originally purchased to build a rental property. 12,000 (14,000) 2,800 The project was cancelled after a rezoning application was lost Gain on sale of an oil painting Director's fees for attendance at corporate meetings Loss on sale of personal jewellery In 2018, Couture gifted shares of a Canadian-controlled public corporation (CCPC) to her 16-year-old son. The shares, which originally cost $12,000, 34,000) 8,000 10,000 9,000 had a value of $14,000 at the time of the gift Also, in 2018, Couture had a rental loss of $6,000 (before amortization/depreciation and capital cost allowance). The property was originally purchased for $78,000 (land $13,000, building $65,000) The class 1 building had an unamortized capital cost of $50,000 at the end of the previous year. On the last day of 2018, Couture sold the property for $108,000 (land $16,000, building $92000). In the previous year, by agreement, Couture obtained the exclusive licence to distribute a certain product in Canada. In 2018, she divided the country into six sales territories and sold 10-year sub-licences to individuals in each territory. Total proceeds were $28,000 Gain on sale of public corporation shares Loss on sale of shares of a CCPC qualified as a small business corporation Dividends from foreign corporations, net of $200 withholding tax Loss on sale of land that was originally purchased to build a rental property. 12,000 (14,000) 2,800 The project was cancelled after a rezoning application was lost Gain on sale of an oil painting Director's fees for attendance at corporate meetings Loss on sale of personal jewellery In 2018, Couture gifted shares of a Canadian-controlled public corporation (CCPC) to her 16-year-old son. The shares, which originally cost $12,000, 34,000) 8,000 10,000 9,000 had a value of $14,000 at the time of the gift Also, in 2018, Couture had a rental loss of $6,000 (before amortization/depreciation and capital cost allowance). The property was originally purchased for $78,000 (land $13,000, building $65,000) The class 1 building had an unamortized capital cost of $50,000 at the end of the previous year. On the last day of 2018, Couture sold the property for $108,000 (land $16,000, building $92000). In the previous year, by agreement, Couture obtained the exclusive licence to distribute a certain product in Canada. In 2018, she divided the country into six sales territories and sold 10-year sub-licences to individuals in each territory. Total proceeds were $28,000