Hi, Return of capital is a tax free return of your own investment in the security or mutual fund. It is used to compute the adjusted cost base of the shares for the future sale of those shares or units. You do not have to put it on your tax return.
Hi, Return of capital is a tax free return of your own investment in the security or mutual fund. It is used to compute the adjusted cost base of the shares for the future sale of those shares or units. You do not have to put it on your tax return.
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