Investor or trader ? That is the question.
How many of you fellahs are classed as a "trader" as per ATO ruling ? i.e. you have a company set up and at least 80% of your income is derived from share trading.
Therefore you can claim a hell of a lot more against CGT events, can you not ?
Where as I as retail investor can claim bugger all against a CGT event.
So I'm wondering; how many trades per week/month does it take for the ATO to consider a person to be a trader ?
Thanks
--Dan
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