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  • Step 6 Did you make neither a capital gain nor a capital loss?

    Attention

    Warning:

    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    If the capital proceeds are less than or equal to the cost base but more than the reduced cost base, you have not made a capital gain or a capital loss.

    Example 6: Neither capital gain nor capital loss

    If Fred had sold his shares for $5,125, he would not have made a capital gain or a capital loss.

    End of example
    Last modified: 06 Oct 2009QC 27788