The capital proceeds are what you receive, or are taken to receive, when you sell or otherwise dispose of your shares or units.
For example, with shares the capital proceeds may be:
- the amount you receive from the purchaser
- the amount or value of shares or other property you receive on a merger/takeover, or
- the market value if you give shares away.
Example 1: Capital proceeds
Fred sold his parcel of 1,000 shares for $6,000. Fred's capital proceeds are $6,000.
End of example