Jordan Maddison Posted August 19, 2020 Share Posted August 19, 2020 How is Forex taxed? Quote Link to comment Share on other sites More sharing options...
0 Mila Radivojevic Posted August 19, 2020 Share Posted August 19, 2020 Hi Jordan. Forex is taxed in the proportion of 60/40, which means 60% of gains or losses are counted as long term, while the other 40% are counted as short term. This is highly favorable for traders as it can only amount up to 37% of the total value. Usually, they are only taxed 15% of the total value. Hope that helped. Quote Link to comment Share on other sites More sharing options...
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Jordan Maddison
How is Forex taxed?
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