Hey Sojourner, I am quite new to investing and as such this will be my first time accounting for capital gains in my tax return. I am just wondering if you could help clarify some of my queries about this decision or could point me to where I could find the information I seek.
My questions:
1. If I decide to claim my BIG shares as capital losses, do I need to do so before the company publicly is delisted or do I have a chance to see if BIG relists?
2. If I do claim this loss, is the total value of the loss counting to reduce my tax or only a portion of my loss?
Cheers,
LA
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