It is the tax capital gain forex trades executed with a dealer in the U.S. due to Canada? And with a foreign dealer?
I am interested in Forex Trading, but do not know if the capital gain tax is payable in Canada in such operations? If I use a U.S. based broker? I saw that some brokers are based on places in Switzerland and others and open accounts with them are exempt from capital tax. Does anyone know more about it? Thank you.
Tax Law in Canada and the U.S. both want to cap gains on gains in forex trading. Currently there is no way the IRS that is sent there to broker you, but if you do not report earnings is against the tax bill … Good luck
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