Day Traders

2:41 PM |

You won't find any information on the CRA website if you search for day trading or day trader.

I found this great post on Yahoo complete with useful links that explains very clear how to treat day trading for income tax purposes in Canada:

http://ca.answers.yahoo.com/question/index?qid=20100316231508AAzeBUf

and here's the links in case the article gets pulled:

http://en.wikipedia.org/wiki/Day_trading

http://www.cra-arc.gc.ca/E/pub/tp/it459/it459-e.html

http://www.cra-arc.gc.ca/E/pub/tp/it479r/it479r-e.html

http://www.cra-arc.gc.ca/E/pbg/tf/t2125/README.html

http://www.cra-arc.gc.ca/tx/bsnss/tpcs/slprtnr/rprtng/menu-eng.html

http://www.cra-arc.gc.ca/E/pub/tp/it232r3/it232r3-e.html

http://www.bank-banque-canada.ca/