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August 08 2013

FAQ: what should i tell to the bank i am confused?

forex trading

Q: what should i tell to the bank i am confused?

like i do forex trading online (ETORO) and if i hit a profit of 200,000$ and deposit it to my bank using paypal, will they ask me where did you get the money and how can i show them that i trade onlnie sitting at home?

goldsenze.com Answer:

You only pay capital gains tax on whatever profit you’ve made. I don’t trade online, but this information can presumably be downloaded somewhere from the website as well as your entire transaction history. This is paid annually. Don’t the companies you invest in mail you a statement for tax purposes?

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