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Gold/Mining/Energy : CDN. MOMO PUPPIES

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To: Buckey who wrote (22214)1/28/2000 1:16:00 PM
From: Clark Kent   of 36688
 

Message #22214 from Buckey at Jan 28 2000 12:32PM
Brennan - are you absolutely sure on the capitakl thingy - WE have debated that to death and I am 95% sure that daytrades etc are taxable as regular income and and not subject to the 25% reduction for capital gains.


CSC-pg 11-15
"Revenue Canada interprets a dealer or trader in securities as a taxpayer wo participates in the promotion or underwriting of a particular issue of shares or who to the public is a dealer in shares."
Buckey,
Momo trading is treated as a capitals gains (or loss) for most here.

I couldn't find anything on Momo puppies per se. <gg>
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