Re: Federal Budget: Possible Elimination of Capital Gains Tax...
in response to
by
posted on
Mar 19, 2011 06:21PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Hog, I am pretty sure that there is a provision in the Income Tax Act that states that if you are a stock trader, constantly buying and selling stocks and that is your main source of income, any Capital Gains have to be treated as Other Income and the full tax rate would apply...
Kherson