Nortel capital loss Revenue Quebec vs CRA

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homemade
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Nortel capital loss Revenue Quebec vs CRA

Post by homemade »

Hi,
I was told that given Nortel stocks are not trading, one can use Subsection 50(1) - bad debt of the Income Tax Act to create a capital loss.
However, what would be the equivalent of Subsection 50(1) to use under Revenue Quebec for provincial income taxes and generating a capital loss?
Thanks!
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