Forex Trading Australia Tax
What are the tax issues to consider for forex and binary trading (online) in Australia?
Hi I am an International student studying in Sydney, Australia. I plan to stay here for 2 years and have completed 5 months as of now; I haven’t been employed till now. In a few months time – I plan to start forex and binary trading online. I wanted to know – what are the tax issues that I have to consider or be aware of ? To be more specific how will my taxes be deducted based on my earnings obtained through forex and binary trading.
Thanks in advance
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Daily Forex News Recap (12/07/2010): US Tax Deal Boosts Risk Appetite, Risk-On Trades Gain
