Jul
24
easy2inc wrote:
I an a non-US Resident. I intend to form a Delaware LLC for a business as introducing brokers for an online forex trading house. I have a marketing website to market to US residents. My questions:
1. Do I require a US licence?
2. Do I have to pay tax for the income paid to me (via my Delaware LLC) by the forex trading house?
Online Video
I an a non-US Resident. I intend to form a Delaware LLC for a business as introducing brokers for an online forex trading house. I have a marketing website to market to US residents. My questions:
1. Do I require a US licence?
2. Do I have to pay tax for the income paid to me (via my Delaware LLC) by the forex trading house?
Online Video
May
24
Can I claim Forex losses on federal taxes? Is there a limit? Do I need a form? What if I already filed?
Filed Under United States | 3 Comments
John wrote:
In 2008 I had Forex losses. Can I claim these on my federal taxes?
In 2008 I had Forex losses. Can I claim these on my federal taxes?
Is there a limit to the amount I can claim?
Will the claim count as a “deduction” or can I still keep the standard deduction?
Do I need a form from my broker? If so, what form?
What if I already filed, can I file an amendment or something?
THANKS!
Insurance Questions
May
15
Do foreign forex traders have to pay tax in the US if they do not live there?
Filed Under United States | 2 Comments
May
14
Tax exempt if with foreign broker?
Filed Under United States | 2 Comments
Robert k wrote:
Opening an account with a Swiss forex broker. Will my profits be tax exemp in the united states or will I have to claim them?
Trim Dog Nails Safely
Opening an account with a Swiss forex broker. Will my profits be tax exemp in the united states or will I have to claim them?
Trim Dog Nails Safely
Feb
20
US Capital Gains Taxation of Belize offshore(US non-resident) company trading forex through US broker?
Filed Under United States | 3 Comments
fxmikefx wrote:
Hello.I have offshore company(IBC) registered in Belize. My company isn’t liable to any taxation in Belize on any international profits( generated outside of Belize, which includes US). I will use this company to open trading account with US-registered broker. I’ll be trading primarily forex, but also currency futures and ETFs. This will be my only US activity. I’m predominantly a day-trader, so short-term capital gains. My company WILL NOT have permanent establishment in US(so, income not effectively connected). It will not be a US resident. I’m a citizen of Lithuania and a resident of Poland.Will I be liable to any capital gains taxation in US? My broker will only withhold taxes on dividends and interest(no tax treaty between US and Belize), not on cap. gains. If so, would I need to obtain a TIN or file any tax forms notifying IRS of my cap. gains? W-8BEN ,1040NR? Or both? Will there be any backup withholding on my capital gains? What can I do to avoid it? Thanks.
Hello.I have offshore company(IBC) registered in Belize. My company isn’t liable to any taxation in Belize on any international profits( generated outside of Belize, which includes US). I will use this company to open trading account with US-registered broker. I’ll be trading primarily forex, but also currency futures and ETFs. This will be my only US activity. I’m predominantly a day-trader, so short-term capital gains. My company WILL NOT have permanent establishment in US(so, income not effectively connected). It will not be a US resident. I’m a citizen of Lithuania and a resident of Poland.Will I be liable to any capital gains taxation in US? My broker will only withhold taxes on dividends and interest(no tax treaty between US and Belize), not on cap. gains. If so, would I need to obtain a TIN or file any tax forms notifying IRS of my cap. gains? W-8BEN ,1040NR? Or both? Will there be any backup withholding on my capital gains? What can I do to avoid it? Thanks.




