I thought that if one paid 10c for a share, then one paid no tax until 10c was returned as capital. Then then anything over the 10c returned as a capital return was taxed at the individual (marginal) tax rate in the the year it was received i.e. tax was not deferred until the asset was sold.
HZN Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
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