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

To: IdiotJed who wrote (2883)	4/21/1999 8:33:00 PM
From: Buckey	Read Replies (1) \| Respond to of 4467

15. adult diapers 16. drywall to fix holes in wall from frustration with busy phone lines

To: IdiotJed who wrote (2883)	4/21/1999 9:36:00 PM
From: Gulo	Respond to of 4467

>>You only give your self a salary (which will be tax in full). Sure, A salary of $1/yr with the rest in dividends.<g>

To: IdiotJed who wrote (2883)	4/21/1999 11:47:00 PM
From: russet	Respond to of 4467

Be careful with incorporation. The tax rules change. My great accountant from a few years ago said, "I don't know what to do with you but here is a book to read" Ah chit. Well the government doesn't want incorporated companies to play the stock market. Get some good tax advice from an accountant that plays the stock market too. If they don't do what you do, they know chit,....trust me. russett

To: IdiotJed who wrote (2883)	4/22/1999 12:03:00 AM
From: Kayaker	Respond to of 4467

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. I had this discussion with my accountant last week. Income to the (small) business is taxed at 22% (in BC), but gains from the stock market are taxed at about the same rate as the personal rate. It's an advantage if you have business income because you start investing with 78¢ out of every dollar of income.