Taseko Mines Ltd T.TKO

Re Re Re Re Swing

[copperminer]

Nf, read my posts carefully, you are totally missing the point. I'll try to condense

Income to a taxpayer coming in from a capital gain is 50% free, and 50% taxable, The taxable portion is added to a taxpayer's T4  income, and is taxed at whatever tax bracket this income causes.

What my point is that the feds have already tried and won, to declare a heavy trader just that, a heavy trader, and that person loses the above capital gain protection .

Example, if a person heavily trades and profits by $300,000, and figures that $150,000 is free and the other half is taxable, think again. Instead of the above sentence happening, think about adding the example of $300,000 to your T4 return and watch how the numbers change. You will not like it. For the kind of profit dollars happening with Taseko expansion, one must be fully informed

[nofluff]

That is true in both cash acount and tfsa miner. It is all about wether cra deams u a professional or an investor. In cash account, the banks are obligated to send all trades to cra at year end. The bank sends the same form to client for cap gain or cap loss at year end. Since I send contribution to both rrsps and tfsas on cycle bottoms to creat losses in cash account for future use, there is

[nofluff]

Bit the bullet I did. Evaluated ncu stock and put another 25 thousand shares in tfsa. Although no one likes paying tax,  if u r paying tax, u r making money. So no need 2 stress. Fish or golf instead:)) nf