JJ
The capital return amount is subtracted from you cost basis and is therefore non taxable.
eg. if you bought EXS for 50c and receive a capital return of 10c. You new cost basis is 40c (50 - 10 = 40c) which is used for calculating capital gains/losses when you sell.
(as always, it is in your interests to seek professional tax advice on this)
big juicy dividend declaration this week, page-13
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