Sam,<< The question is, at taxtime how is it determined which shares of stock you are selling? We buy through the Employee Participation Program every 6 months, so is the capital gains tax calculated assuming you're selling the oldest shares or the newest?>>Seems to me that TMF Taxes answered this question recently in the Tax Strategies folder and has a FAQ on the subject as well. I don't have an answer off the top of my head, but if you can't find it in that area, I'll look it up for you.Regards…Pixy
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