sharetrader
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  1. #1
    Junior Member
    Join Date
    Nov 2009
    Posts
    7

    Default Tax for Forex Trading

    Hi everyone,

    I'm new to this forum and have some tax/forex related questions. shasta directed me to this area, thanks shasta !

    So, what I would like to know is, if I trade forex on a personal basis. How should I file for tax returns, as in how to calculate the profits/losses ? Account Balance ? Liquidable Equity ? Margin Avaiable ? And also how should you take the floating profit/loss into account ?

  2. #2
    action-reaction arco's Avatar
    Join Date
    Dec 2001
    Location
    AUD.NZD
    Posts
    2,877

    Default

    If you do a search I think this subject has been covered on a previous thread.

    rgds - arco
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