Hello everyone o/
Ok so I have been trading for about three months now (since I turned 18). How is taxation worked out for forex profits? Is it capital gains tax or something? Also if I was to form a LLC corporation or something similar would that benefit me tax wise? Sorry I have no idea what to do here!
Thanks!
David.
Ok so I have been trading for about three months now (since I turned 18). How is taxation worked out for forex profits? Is it capital gains tax or something? Also if I was to form a LLC corporation or something similar would that benefit me tax wise? Sorry I have no idea what to do here!
Thanks!
David.