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At what point does a Investor become a Trader from a tax perspective?
Some food for thought for the weekend. At what point does a Investor become a Trader from a tax perspective? Obivously when you become a trader the IRD will tax you on your gains/loss from your share trades.
I know it comes back to intention however there can be a grey line between the two categories.
It would be good to get peoples perspective, anecdotes, and advice on the subject.
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