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gamblerKi

Taxation Treatment for Trading Australian SPI Futures

By gamblerKi, in Futures

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gamblerKi    10

gamblerKi
Posted

Sorry for any ambiguity.

 

What is the taxation treatment for foreigners speculating Australia SPI, Japan Nikkei 225 and Korea KOSPI 200 futures? Do they have to pay the capital gain tax or income tax in these countries"?

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robertm    10

robertm
Posted

It depends which country you are a resident in, the tax relationships between those countries (your broking account & your residency), how your country of residence treats foreign earned income, you structure, and and and, lots of stuff.

 

Its certainly not a good idea to live in the US and have a Swiss trading account anymore though :D

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