April 5th, 2012 by Questions
are capital gains erased by personal bankruptcy
Posted from: British Columbiahttps://www.bankruptcy-canada.ca/wp-admin/post.php?post=16219&action=trash&_wpnonce=cb30eed9f7
April 05, 2012 at 10:37 am, 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.
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