Greg Ferguson Posted March 17, 2023 Report Share Posted March 17, 2023 Does anyone with tax accounting experience, know if you can claim on your CRA tax return, a "Capital Loss" on a stock holding that has been de-listed from a Canadian stock exchange? I believe the company is still operating, but no shares are trading on an exchange. Quote Link to comment Share on other sites More sharing options...
Curmudgeon Posted March 17, 2023 Report Share Posted March 17, 2023 The shares may be trading OTC. Did you try selling the securities? If they cannot be sold then they are worthless. Delisting by itself isn't enough to trigger a capital loss. Read the link. You are at Method 2. I used Method 3 to declare a bond worthless. https://ca.rbcwealthmanagement.com/documents/1435520/1435536/Claiming_losses_on_worthless_securities_06122018_high.pdf Quote Link to comment Share on other sites More sharing options...
JuniorBuck Posted September 18, 2023 Report Share Posted September 18, 2023 While I'm not a tax expert, claiming a capital loss for a delisted stock could be possible, but you should definitely consult a tax professional for accurate advice. They can guide you through the specifics. By the way, if you're into trading, you might want to explore opportunities with a prop trading firm - they can offer some exciting career prospects! Quote Link to comment Share on other sites More sharing options...
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