Posted November 1st, 2009
by admin
Zabava asked: now euros would go up vs. dollar; do I pay taxes on a difference in exchange rate?
Tags: Currency Rate, Dollar, Pay Taxes
Posted in United States | 2 Comments »
Posted August 2nd, 2009
by admin
jrwax2 asked:
I’m based in the US and already have an US based FX account. Due to silly NFA rules and regulations I am thinking about opening a UK Forex account but am worried about potential taxes I would have to pay. Do I have to pay US and UK taxes if I have a UK based account and live in the US. I will not be spread betting.
Tags: Forex, Nfa Rules, Pay Taxes
Posted in United States | 2 Comments »
Posted February 4th, 2009
by admin
none g asked:
i know every one pays a different amount of capital gains tax. i know that in the U.S. traders usually pay between 20-30% of of their profits. what about forex traders?
Tags: Capital Gains Tax, Pay Taxes, Profits
Posted in United States | 1 Comment »