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    Thread: tax of forex trading

    1. #481
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      you forex trading doesn't apply taxes for you to pay and im not sure its for the country to pay them but for me im not paying taxes for trading yet as stated in Islam religion you just to give some of your profits like a little bit to poor or needing people which is called Zakat i don't know about other religions or countries but thats for me , what about you guys ?

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      for me there is not documented tax for your profit in the forex trading , and the tax only taken by the government form your the documented job you make and the forex is considered extra job and not documented

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      Quote Originally Posted by smartijaz View Post
      hi friends
      can any bodt give the details of taxes regarding forex market.who is laible for tax trader or broker.which country recive the tax
      I do not understand what you mean about tax in forex. Here in our country there is no tax for forex traders. But I do not know how in other countries. We were quite comfortable to do forex business, there are no strict rules of the government about taxes for forex traders.
      "Behold the turtle. He makes progress only when he sticks his neck out"

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      Quote Originally Posted by samurai3x View Post
      I do not understand what you mean about tax in forex. Here in our country there is no tax for forex traders. But I do not know how in other countries. We were quite comfortable to do forex business, there are no strict rules of the government about taxes for forex traders.
      tax may be worth mentioning here the commission or swap, but in developed countries ... the trader is subject to tax on their income derived from trading activity. because even after all this trading activity has become routine work

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