Tax advice

[Xerof]

They did ask if I traded over 50k worth of shares or if I owned more than 50k worth of shares so I guess that point there must be different rules.

skeet, they were digging to see if you might be liable to tax under the FIF regime, I suspect

best to ask an accountant, not IRD

[skeet]

skeet, they were digging to see if you might be liable to tax under the FIF regime, I suspect

best to ask an accountant, not IRD

I had and he had no idea, advised me to ask the IRD >_<

[couta1]

skeet, they were digging to see if you might be liable to tax under the FIF regime, I suspect

best to ask an accountant, not IRD

Correct,In my discussions with them the amount you have in shares is irrelevant in determining whether you are a trader or not be it 10k or 1 million,its all about intent at time of purchase