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Strategies & Market Trends : Beat The Street With SI Traders

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To: kidl who wrote (71448)2/18/2011 2:24:29 PM
From: brit2  Read Replies (3) of 233807
 
You're right Kidl. The tax implications for "traders" are substantial.

According to a former student of mine who is in the Penticton office of the CRA, auditors are cracking down. Once they deem a taxpayer to be a trader they audit them back 7 years.

She mentioned that in the past year they have added almost 200 auditors to their investigative force.
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