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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (2874)4/21/1999 8:16:00 PM
From: Brian Diggle  Read Replies (4) | Respond to of 4467
 
The taxman may cometh BUT you may claim expenses against this income as I do

Please detail the expenses you have successfully claimed.

For example, can you claim:
1. Subscriptions to newsletters.
2. Subscriptions to financial newspapers (Globe&Mail or Financial Post).
3. Membership in SI.
4. Real time quotes.
5. Part or all of your internet access costs.
6. Part or all of your "computer costs" to set up your trading station.

We all want to minimize our tax liabilities, so your insights would be helpful to all day/position traders.

Yours truly,

Brian Diggle.



To: Buckey who wrote (2874)4/21/1999 8:31:00 PM
From: IdiotJed  Read Replies (4) | Respond to of 4467
 
May I add:

7. The space you use in your home.
8. Part or all of your cable for CNBC/Newsworld.
9. Part or all of your phone bill.
10. Part of the electricity bill.
11. Antiperspirant.
12. Shrink.
13. Strippers (to relieve the stress, works for me).

Will it be wise to incorporated your trading company since taxation is way lower for corporation? That way most of the profit stay in your account. You only give your self a salary (which will be tax in full).

IJ



To: Buckey who wrote (2874)4/22/1999 10:18:00 AM
From: Buckey  Respond to of 4467
 
speaking of sticky notes
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