Recent content by Frostmind
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Trading Tax related issue!
Thank you very much @CaptK for your insight! i will definitely change the trading account address before withdrawal. How is it usually flagged and reported to the tax authorities, from withdrawal? or deposit? or both?- Frostmind
- Post #3
- Forum: Tax, Accounting, Licensing & Legal
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Trading Tax related issue!
Hello, i am a citizen of 2 counties, 1 CRS with tax on capital gain and another non CRS with no tax, however i am currently a resident of the CRS country. The plan is not to withdraw my profit from my forex trading account, until i move to the non CRS country and revoke the CRS as my tax base...- Frostmind
- Thread
- Replies: 3
- Forum: Tax, Accounting, Licensing & Legal
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Offshore Bank Account for Forex Trading
Thank you, for your quick reply @EUR99 . I will be trading their own accounts without receiving or access the money, and will be paid a performance fee based on the profits i generate for them. I tried to contact several firms, and the talk of a forex license comes up, do i have other options...- Frostmind
- Post #11
- Forum: Offshore Bank & EMI Accounts
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Offshore Bank Account for Forex Trading
Hello, I am looking to do the same, however i am planning to manage some customer's forex accounts. i am guessing i would need a license? i would appreciate @EUR99 's input on the matter and where my best options are. Thank you!- Frostmind
- Post #9
- Forum: Offshore Bank & EMI Accounts