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Unformatted text preview: less: stock option deduction; as the shares were held for at least 2 years (15,000) $20,000 * Since the company is a CCPC, this amount is taken into income at the time the shares are disposed of (ii) (c) The adjusted cost base of the shares is $60,000 ($6 per share)....
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This note was uploaded on 02/05/2011 for the course ACTG 4720 taught by Professor Gaildrory during the Winter '11 term at York University.
- Winter '11