Register Now    All Threads    The Rules    About Forum
DailyFX Calendar DailyFX Charts DailyFX News DailyFX Blogs DailyFX Forum
Go Back   DailyFX Forum > Third-Party Products and Services > Forex Tax
taxes for foreigners taxes for foreigners
Register Blogs FAQ Calendar Search Today's Posts Mark Forums Read

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
  #1 (permalink)  
Old 03-03-2007, 05:11 AM
Registered User
  
Join Date: Feb 2007
Posts: 2
smonsalve is on a distinguished road
Exclamation taxes for foreigners
I'm new on this, if I'm a foreigner do I have to file taxes (in this case a loss) in the United States or in my country of origin?
Reply With Quote
  #2 (permalink)  
Old 03-03-2007, 03:31 PM
CPA, CEO Green & Company CPAs, LLC
  
Join Date: Mar 2006
Posts: 153
GreenTrader Tax is on a distinguished road
non resident aliens
When non-resident aliens of the US trade forex with a US-based broker, they don't trigger US taxes on their forex trading gains or interest income. So US tax returns (Form 1040NR) do not need to be filed.

We can't advise you on taxes on your home country and it varies by country.
__________________
FXCM does not endorse and cannot vouch for any of the third-party content on this site
Reply With Quote
  #3 (permalink)  
Old 03-10-2008, 06:51 PM
Registered User
  
Join Date: Mar 2008
Posts: 1
vicebet is an unknown quantity at this point
Malaysia Income Tax law on online Forex Trading? Anyone?
I understood that Income Remitted from Outside Malaysia
With effect from the year of assessment 2004, income derived from outside Malaysia and received in Malaysia by resident individual is exempted from tax.

Anyone from Malaysia to clarify tax issue? Thank You.
Reply With Quote
  #4 (permalink)  
Old 09-11-2008, 10:58 AM
Registered User
  
Join Date: Sep 2008
Posts: 9
logoodung is an unknown quantity at this point
If a loss is made in the FX account does this need to be filed with US or local country government inland revenue?
Reply With Quote
Reply

« Previous Thread | Next Thread »
Thread Tools
Display Modes Rate This Thread
Linear Mode Linear Mode
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump



All times are GMT +1. The time now is 12:59 PM.



Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Advertencia sobre Riesgos
©2007 DailyFX. All Rights Reserved. FXCM.COM  |  Contact Us  |  Currency Converter  |  Risk Disclaimer & Privacy Policy


Contact Us - DailyFX Forum - Archive - Top

Copyright ©2005 Daily FX. All Rights Reserved.