Loaded the boat...still need the paddles. al TAX.
in response to
by
posted on
Oct 11, 2007 03:56PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
I don't disagree with your trading patterns but let's be clear CCRA works with moving average cost and if you make 10 10% trades you will be paying tax on all of your nestegg. If you try to only claim your day trade profits I can assure you that you will eventually be audited. There is only one adjusted cost base, not one for your nestegg and one for your day trades. Strat will confirm.
BB CA