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Gold/Mining/Energy : TAXES, TAXATION, TAX and Canadian stocks
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To: Jim Bishop who wrote (10)2/19/2000 5:02:00 PM
From: CIMA  Read Replies (1) of 548
 
Likely not IMO. If it can be demonstrated that a majority of your income is being made trading stocks with holding periods that are very brief definitely not. That will be considered income and is taxable at your personal income tax rate. There is a form where you can become permanently registered with RevCan in order to only have such transactions taxed as Capital Gains. I can't remember what that filing is but will look into it further.
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