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Tuesday, April 30, 2019 10:04:38 PM
CRA seems to be able to arbitrarily take action against accounts or investors that they deem to be "professional traders" (I think that is the term they use) or in the case of TFSA's if they have been excessively profitable. I recently saw an article that indicated TFSAs over $200,000 were being scrutinized.
So even if your trades are acceptable in the registered accounts, you could still run afoul of the tax man if you are successful.
Clear as mud??
PLS don't shoot the messenger,
Jim
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