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Income Tax on Forex Profits?

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  • Income Tax on Forex Profits?

    Hi Guys, just wondered if anyone know the situation re Income Tax Payments on any profits from Forex Trading. Cheers Paul

  • #2
    Get an end of year statement from your broker, and take it to the person who does your taxes. They should know what to do. Good luck.

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    • #3
      sorry, I can't answer your question. but allow me to take part in this discussion.

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      • #4
        That depends on country. Some countries taxes only funds that you receive on your bank account, while others may require you to take a statement from your broker (for example germany). Also, you should be registered as self-employed.

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