[GNC] Accounting for Share Sales

[griffin]

Hello again,

My next challenge is how do I account for the sale of some shares. I 
have read the documentation, but I am still a bit lost, as the 
instructions don't seem to cover my situation.

Many years ago I was employed by a private corporation who "gifted" me 
some shares. The company I worked for has recently been taken over, and 
as a result the company is buying back the shares.

The shares are in USD, but I get the proceeds in CAD. I am Canadian for 
tax purposes, so,

 1. how I create the initial allocation of the shares to me,
 2. how do I account for the subsequent sale of the shares (not
    forgetting that tax and capital gains should be in CAD. Is that a
    correct statement?)

I have "played" with the Stock Wizard, but I'm not totally clear whaat 
it is saying to me, especially about getting the funds in to CAD so I 
can do the tax and capital gains.

I fear I may be entering into the twilight zone, but any help will be 
gratefully received.


-- 
Louise (Louise/Louise's)
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