Hi, I've been prop trading for about 9 years now. I might be moving to Canada (for citizenship reasons) at the end of the year. One of my concerns is how is this activity taxed in Canada. Someone told me that assuming the trader is on the highest bracket, which I think stands at 46% right now, prop trading will fall into the "capital gains" field, so you would only be taxed on 50% of your yearly gains. So you will end up at a 23% marginal rate, although you would not be entitled to any deductions. If anyone knows about this topic I will appreciate your help. This is assuming the trader trades for a US prop firm but living in Canada. Also, is there any difference if you receive a K1 or 1099 from that US firm? Is stock trading taxed in a different manner that futures trading as in the US? Thanks a lot for any help.