Question About Taxation Regarding Stock Trading
Taxation regarding stock trading has always been confusing for me, as I've had people tell me that active trading should be filed as Business Income, and doesn't require any supporting documents.
On the other hand, I've had others tell me that they should be filed as Capital Gains, depending on certain factors that are well beyond my understanding.
If I want to keep things simple, may I simply calculate my overall 2017 net profit (in CAD) and put it down as Business Income? Thank you very much.