FOREX UNITED
Tax exempt if with foreign broker?
Opening an account with a Swiss forex broker. Will my profits be tax exemp in the united states or will I have to claim them?
You will have to pay your taxes the same as if you were using a local forex broker. The US law states that any income gained by a resident will be taxed whether local or international. You may have other options such as setting up a company in another country and that company will pay corporate taxes to its host country. You will still have to pay taxes on any dividends you receive. If the amount is substantial you may want to consider a tax consultant to structure your income based on your bracket and sources of income.
FOREX VIDEO | NEW YORK SESSION REVIEW | March 9, 2009
|
|
Forex- Understanding The United States Dollar $0.89 … |
|
|
Commodity Trader’s Almanac 2012: For Active Traders of Futures, Forex, Stocks and ETFs (Almanac Investor Series) $24.79 An indispensable resource for today’s active commodity, currency, futures, and ETF traderIn the 2012 Edition of the Commodity Trader’s Almanac, Jeffrey Hirsch once again teams up with veteran trader John Person to create an essential tool for both professional traders and those just getting started, to help them understand the complex and exciting world of alternatives. Created in a similar fashio… |
|
|
Mastering Fundamental Analysis $13.49 Adapt investing strategies using the same disciplined analysis that has made Warren Buffett successful. “Mastering Fundamental Analysis” performs the valuable service of leading everyday investors into better investment decisions, while allowing them to learn at their own pace through the use of worksheets, graphs, sidebars, and step-by-step examples…. |
|
|
Stocks Bonds Options Futures: Investments and Their Markets (Prentice Hall Business Classics) $3.99 From arbitrage to zero-coupon bonds, this guide explains the fundamentals of investments and their markets. Used as a text at the New York Institute of Finance, the book offers Wall Street professionals information and insider’s guidance designed to help them succeed in the industry…. |