03-19-2006, 01:46 AM
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Forex taxation - 2006 master update
We just significantly updated our Forex taxation page at http://www.greencompany.com/Educatio...Currency.shtml.
Robert A. Green, CPA & CEO of GreenTraderTax wrote a new summary article on top of the page. Roger Lorence JD LLM of GreenTraderLaw PLLC has an in-depth article on spot forex taxation. Another GreenTraderLaw attorney wrote an internal memorandum. This is cutting edge work and it's very good news for forex traders. Don't get the wrong answers and sell yourself short tax-wise, consider this new body of work for better tax results. Post your questions on this forum and/or consider a consultation with GreenTraderTax. Thanks. Robert A. Green, CPA & CEO GreenTrader companies
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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.
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