this is why I shouldn't get involved. there is always...

this is why I shouldn't get involved.

there is always someone who know it alls.

technically speaking a trader is a person who carries out business activities for the purpose of earning an income from buying and selling shares.


if you study tax law not at the under graduate level or at Swinburne tafe friend you would know

a 'business includes any professional but does not include occupation as an employee .

basically any federal case ruling which the dcot has won /which is deputy commissioner of taxation has won

comes down to these points

nature of the business
repetition , volume and regularity
organisation in a business like way
amount of capital

theoretically anyone with a full time work as an employee can't be regarded as a trader .


good to know google is your tafe teacher