Canadian tax rules about year-end selling – Trade date vs. Settlement Date

(Update on the text below: IT-133 has been removed from the CRA’s website. Please read the December 31, 2012 article for further information.) When you purchase or sell shares on a stock exchange, the current date is called the trade date. However, the actual transaction (the exchange of shares and cash) is processed in three … Continue reading Canadian tax rules about year-end selling – Trade date vs. Settlement Date