Hawa v. The Queen, 2007 DTC 28, 2006 TCC 612 (Informal Procedure) -- summary under Capital Loss v. Loss

By services, 28 November, 2015

The taxpayer, who in 2001 had made 151 purchases of stock in 16 companies, which were held for short periods of time, was found to be engaged in a business in the ordinary sense of the word with respect to his trading activities, with the results that the losses he sustained were on income account.

Topics and taglines
Topic
Income Tax Act - s. 18(1)(b) - Capital Loss v. Loss
Tagline
frequent stock trading
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
335707
Extra import data
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