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Unformatted text preview: Subset: <Listed Personal Property>- description that is specific- can have losses that can offset gains ITA s41(2) - carried back 3 yrs, forward 7 yrs Principal Residence: could be in a foreign country Stock Dividends: dividend or not? important date 1977 -1985 ABIL is 1/2, applied against any time of income emplyment, business, property, much better than normal capital loss Question 3 - not always sold in the same year ** CCA on car in class 10.1 is limited to 30,000 but have to add PST and GST...
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This note was uploaded on 03/10/2010 for the course ACC ACC742 taught by Professor Sydor during the Spring '10 term at Ryerson.
- Spring '10