SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kayaker who wrote (3101)10/20/2000 2:52:18 PM
From: Wyätt Gwyön   of 3951
 
Revenue Canada takes the view that if you are "trading" rather than "investing" you will have all your "capital gains" reclassified as income which would be taxed at over 50%

Wow! I wonder why they don't follow the simple litmus test here--if you hold it less than one year, it's like ordinary income. Maybe they just didn't think there were enough $400-per-hour accountants in Canada. I guess I'll hold off submitting my visa application to them.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext