I searched for this earlier but could not find an answer.
An investment fund is cashed in during the year and an exit tax of 28% is automatically applied to the gain in the value of the fund.
At the same time, another investment fund is cashed in. This fund has lost money.
My questions is: is it possible to offset the loss against the gain and claim a refund of the exit tax.
thanks.
An investment fund is cashed in during the year and an exit tax of 28% is automatically applied to the gain in the value of the fund.
At the same time, another investment fund is cashed in. This fund has lost money.
My questions is: is it possible to offset the loss against the gain and claim a refund of the exit tax.
thanks.