RE:RE:RE:RE:Bought more shares at .98We're not allowed to manage this accounts to make ''enterprises profits'': the more common rule of thumb is the no more than 100 transactions a year.
That's the same rules as exemptions for capital gains (50%). But it's only a rule of thumb; more precisely
The tax authorities look at:
The frequency of transactions, that is, the history of purchases and sales, and the speed with which securities are rolled out;
The holding period of the securities;
Financial knowledge of the holder;
The nature of their work or business;
The time spent managing your account;
The presence of leverage, if the securities are bought on margin or by debt;
Promotion, if the holder publicly manifests his interest in securities trading;
In the case of a share, its speculative nature and whether it is dividend-free.
The text in italics is a translation from an Le Devoir article.