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Client Name: Dr. Brown only investment in securities. When he made this investment, he intended that it be a long-term one. purchases. on the basis
Client Name: Dr. Brown only investment in securities. When he made this investment, he intended that it be a long-term one. purchases. on the basis that Dr. Brown was a trader in securities. CRA did not raise the issue of whether Dr. Brown's activities were an adventure in the nature of trade. number of transactions is that the shares of Mining-co are not widely traded. Therefore he had to sell many smaller segments of shares in order to raise the cash he required. In 20X4, due to stress and the need to focus on his other issues, Dr. Brown ceased working for Mining-co and disposed of the balance of his shares, realizing a large gain. Required Client Name: Dr. Brown only investment in securities. When he made this investment, he intended that it be a long-term one. purchases. on the basis that Dr. Brown was a trader in securities. CRA did not raise the issue of whether Dr. Brown's activities were an adventure in the nature of trade. number of transactions is that the shares of Mining-co are not widely traded. Therefore he had to sell many smaller segments of shares in order to raise the cash he required. In 20X4, due to stress and the need to focus on his other issues, Dr. Brown ceased working for Mining-co and disposed of the balance of his shares, realizing a large gain. Required
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