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Forgive the silly little question, but what type of security is this as far as the S3Details drop down choices go? My client slold some silver.
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Sale of Precious Metals
MultiQuote
#2
Easter1 
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Posted 22 February 2011 - 08:01 PM
Opie,
Can I get your address before I answer this one?
I seem to remember covering that in first year unie.
Me think the program maybe toooooo good since, it seems any monkey can push the buttons!
Easter
Can I get your address before I answer this one?
I seem to remember covering that in first year unie.
Me think the program maybe toooooo good since, it seems any monkey can push the buttons!
Easter
#3
Arliss
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Posted 23 February 2011 - 01:53 AM
Easter1, on 22 February 2011 - 03:01 PM, said:
Opie,
Can I get your address before I answer this one?
I seem to remember covering that in first year unie.
Me think the program maybe toooooo good since, it seems any monkey can push the buttons!
Easter
Can I get your address before I answer this one?
I seem to remember covering that in first year unie.
Me think the program maybe toooooo good since, it seems any monkey can push the buttons!
Easter
You gunna get banned!!
#4
Tim Parris
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Posted 23 February 2011 - 02:35 AM
opie, on 22 February 2011 - 02:26 PM, said:
Forgive the silly little question, but what type of security is this as far as the S3Details drop down choices go? My client slold some silver.
Where do you want it on Schedule 3 and I'll tell you which choice on the drop-down will get it there.
#5
kam
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Posted 23 February 2011 - 09:12 PM
opie, on 22 February 2011 - 07:26 PM, said:
Forgive the silly little question, but what type of security is this as far as the S3Details drop down choices go? My client sold some silver.
Where, if any, you think is the appropriate one?
#7
ChrisG
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Posted 04 March 2011 - 06:48 PM
mcgg48, on 04 March 2011 - 10:44 AM, said:
the sale of silver and gold is on income account, unlike shares there is no hope of a dividend
I don't think so. You have the option to select how you want your gains and losses on the sale of commodities, including silver and gold, to be treated for tax purposes, either on an income or a capital account. And unless you are a dealer or trader, you would most likely choose the capital account.
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