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February 10, 2020
Question

Long-term capital gains for shares acquired before moving to the US

  • February 10, 2020
  • 1 reply
  • 0 views

Hi everyone. I'm planning on moving to the US part way through 2020. I have shares granted to me several years ago that I have held for many years that sound like they should qualify for the long-term capital gains tax.

 

If I move to the US and sell them upon arrival will the US consider them as being held since the time I acquired them or the time when I arrived into the US?

1 reply

SusanY1
February 10, 2020

They will be considered to have been held long-term, fo the period of time since you acquired them. 

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