Note: The writer is yet it will help CPA or tax commercial. This article is for general information purposes, and should not be construed as tax points. Readers are strongly encouraged to consult their tax professional regarding their personal tax situation.
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Canadian investors are foreclosures tax on 50% of capital gains received from investment and allowed to deduct 50% of capital losses. In U.S. the tax rate on eligible dividends and long term capital gains is 0% for those invoved with the 10% and 15% income tax brackets in 2008, 2009, and '10.
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