capital gains

April 5th, 2012 by Questions

are capital gains erased by personal bankruptcy

Posted from: British Columbia


One Response to “capital gains”

, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

If you are referring to the tax you will have to pay on any capital gains earned prior to the filing of a bankruptcy, then the answer is yes. This is simply considered income tax and income tax debt falls into the types of debts that you are released from as a result of a bankruptcy.

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)