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tigi45
New Member

Is the money from stock trades not considered capital gain for tax purposes?

Is profit from stocks trading considered as capital gain for tax purposes?
1 Reply

Is the money from stock trades not considered capital gain for tax purposes?

Yes, profits from selling stocks would be considered capital gains, if you are not a day trader. If you got T5008 slips for your trades, please make sure that on each slip, you select whether they are Investment Income or Capital Gains.

 

 

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