Home > Canada > How to report profit/loss incurred from Currency Trading on Canadian Income Tax. Its not Capital gain or loss?

How to report profit/loss incurred from Currency Trading on Canadian Income Tax. Its not Capital gain or loss?

May 13th, 2008
trading currency
DD asked:


Hi,

How to report profit or loss incurred from Currency Trading on Canadian IncomeTax Return. It doesn’t fall inot Capital gain or loss Category.

Please help

HAINLINE

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Canada , ,

  1. quizzard123
    May 14th, 2008 at 06:02 | #1
    Reply | Quote

    No, you’re right, it’s not a capital gain or loss, it’s Other Income. Fully taxable.

  2. neoplop
    May 14th, 2008 at 15:30 | #2
    Reply | Quote

    The capital gainloss is part of the currency gainloss is part of the capital gainloss is associated with stock in foreign currency gainloss is.

  3. badhat537
    May 16th, 2008 at 08:28 | #3
    Reply | Quote

    For accredited investors part global hedge fund.
    For accredited investors part commodity part global hedge fund.
    For accredited investors part equity part commodity part commodity part global hedge fund.

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