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  • #626,801
  • Apr 17, 2012 12:58am Apr 17, 2012 12:58am
Quoting mohan76
is it 15% for FX profits (capital gain ?)
LOL. This is America.

We don't know the rates, our Turbo Tax calcualtes and tell us how much.
The Thief of Wall Street
  • #626,802
  • Apr 17, 2012 12:59am Apr 17, 2012 12:59am
Quoting mohan76
is it 15% for FX profits (capital gain ?)
15% rate is Capital gain > 1 year only.
But there is a trick so you can file as 60% Capital gain and 40% as normal income.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #626,803
  • Apr 17, 2012 1:01am Apr 17, 2012 1:01am
Quoting Chicky
Withdrawal policy. No profits realized unless its in your pocket. Keep on growing your accounts and withdraw when you are over 65.
or redgister your 65 year old dog as account holder, is no tax him, problem is drawdown is paid in bones

bro you need look into tax avoidence is legal, tax evasion is not, there are ways but I not put on public forum, i dont want draw their attention on me "they is everywhere" like broker spies,
If you are new to Forex? Say Goodbye to your account!!
  • #626,804
  • Apr 17, 2012 1:02am Apr 17, 2012 1:02am
Quoting KillerWhale
15% rate is Capital gain > 1 year only.
But there is a trick so you can file as 60% Capital gain and 40% as normal income.
in Australia it's normal income , capital gain also same rate if asset held for less than a year (max is 45 + 1.5%)
Mohan
  • #626,805
  • Apr 17, 2012 1:03am Apr 17, 2012 1:03am
Quoting mohan76
some one else might withdraw before that , did you forgot mf global ,
............and a truck can hit me tomorrow. This is part of life. I keep my eggs in different baskets.

ps. The biggest basket is stinking at the moment.
The Thief of Wall Street
  • #626,806
  • Apr 17, 2012 1:06am Apr 17, 2012 1:06am
Quoting Chicky
Withdrawal policy. No profits realized unless its in your pocket. Keep on growing your accounts and withdraw when you are over 65.
Sounds good enough
New voice message: Why are you calling me? If I need you, I'll call you!
  • #626,807
  • Apr 17, 2012 1:10am Apr 17, 2012 1:10am
Quoting Chicky
............and a truck can hit me tomorrow. This is part of life. I keep my eggs in different baskets.

ps. The biggest basket is stinking at the moment.
don't worry it will float soon , i am more than happy to pay 15 % may be up to 25 %, due to nature of our business we don't have to live in high tax country we can move to some low tax country for few year (looking for multiple resident permit) ,

my other option
open MAM/PAMM account and setup one sub account for tax department


reg.Turbo Tax

we use e-tax , still we have to put income in correct category .
Mohan
  • #626,808
  • Apr 17, 2012 1:10am Apr 17, 2012 1:10am
Quoting Chicky
LOL. This is America.

We don't know the rates, our Turbo Tax calcualtes and tell us how much.
I don't use Turbo Tax, that's too simple
New voice message: Why are you calling me? If I need you, I'll call you!
  • #626,809
  • Apr 17, 2012 1:11am Apr 17, 2012 1:11am
so many attempts at 13100 she won't bend over
Last night Asians had no problem dumping in mass
In trading, you have to be defensive and aggressive at the same time
  • #626,810
  • Apr 17, 2012 1:12am Apr 17, 2012 1:12am
Quoting mohan76
don't worry it will float soon , i am more than happy to pay 15 % may be up to 25 %, due to nature of our business we don't have to live in high tax country we can move to some low tax country for few year (looking for multiple resident permit) ,

my other option
open MAM/PAMM account and setup one sub account for tax department
There are a thousand ways, but one should always be fair.
The Thief of Wall Street
  • #626,811
  • Apr 17, 2012 1:12am Apr 17, 2012 1:12am
Quoting mohan76
ops big bear back again

any level you are looking today ?
I have just go through charts, wow eu is bore ing today, other ladies doing ok, kiwi most interesting level if break be nice pips, aussie is support come resist come support again ,a bitch level cable geppy I watching closely cable trap between s&R geppy is back above mofu tl might try trade to it, then squeeze stops, if breach I be on her butt eu 1hr is stuck at 200sma then 1 3100 then 3093 so is little cluster only good thing for me is 200 sma is 40degrees dwon slope. 50 is similar but just crossed down, so more fuk wait wait

pretty much crappy pa, across the board, I try to find best opportunity and build, most trailing cipped on eu, was nice pips from weekly and monthly opens, but is like losing one my babies when they is clipped, but still have pip meter clicking over other ladies
If you are new to Forex? Say Goodbye to your account!!
  • #626,812
  • Apr 17, 2012 1:16am Apr 17, 2012 1:16am
Quoting mohan76
don't worry it will float soon , i am more than happy to pay 15 % may be up to 25 %, due to nature of our business we don't have to live in high tax country we can move to some low tax country for few year (looking for multiple resident permit) ,

my other option
open MAM/PAMM account and setup one sub account for tax department


reg.Turbo Tax

we use e-tax , still we have to put income in correct category .
Maximum rate I can have is 23% with the 60/40 trick
New voice message: Why are you calling me? If I need you, I'll call you!
  • #626,813
  • Apr 17, 2012 1:17am Apr 17, 2012 1:17am
Quoting Chicky
There are a thousand ways, but taxman is watching this post.
it totally legal , may be you mis understood sub account, we have 46.5% tax , so we have to set taxman account 90% trade size of main account, monthly withdraw profit and send whole profit to tax department and enjoy our main account profit this way we don't feel taxman stealing our money , i can feel happy for managing fx account for Tax dep./ country
Mohan
  • #626,814
  • Apr 17, 2012 1:17am Apr 17, 2012 1:17am
thx god no tax applied n here
  • #626,815
  • Apr 17, 2012 1:17am Apr 17, 2012 1:17am
Quoting Chicky
There are a thousand ways, but taxman is watching this post.
But my real name is not K. Whale
New voice message: Why are you calling me? If I need you, I'll call you!
  • #626,816
  • Apr 17, 2012 1:18am Apr 17, 2012 1:18am
Quoting KillerWhale
Maximum rate I can have is 23% with the 60/40 trick
i think onda have pamm option setup one sub account pamm facility copy 33% of the trade and send that profit to taxman

Quoting KillerWhale
But my real name is not K. Whale
yes but its not going to take more than 5 minute to pin down your home /pc (unless your stealing internet )
Mohan
  • #626,817
  • Apr 17, 2012 1:23am Apr 17, 2012 1:23am
Quoting mohan76
i think onda have pamm option setup one sub account pamm facility copy 33% of the trade and send that profit to taxman



yes but i not going to take more than 5 minute to pin down your home /pc
But I'm at Starbucks with my laptop.
Or anywhere with internet feed via BlackBerry
New voice message: Why are you calling me? If I need you, I'll call you!
  • #626,818
  • Apr 17, 2012 1:25am Apr 17, 2012 1:25am
Not much happening in Frankfurt
New voice message: Why are you calling me? If I need you, I'll call you!
  • #626,819
  • Apr 17, 2012 1:26am Apr 17, 2012 1:26am
Quoting KillerWhale
But I'm at Starbucks with my laptop.
Or anywhere with internet feed via BlackBerry
in that case might take 30 mins pay a visit . identifying owner doesn't take much
Mohan
  • #626,820
  • Apr 17, 2012 1:29am Apr 17, 2012 1:29am
We closed at around this price 2 weeks ago.
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