Forex dealers to stop operating in Russia after the New Year - page 8
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A deposit to a trading account is not taxable as it is our money on which taxes have already been paid!
The difference is taxable if the deposit into your bank account is greater than your deposit into your brokerage account.
Clause, article?
RF Tax Code Art. 223
"
...
1. For the purposes of this Chapter, unless otherwise provided for in paragraphs 2 - 5 of this Article, the date of actual receipt of income shall be determined as the day of:
1) payment of income, including transfer of income to accounts of the taxpayer in banks or on his behalf to accounts of third parties - when income is received in cash;
...
"
This is where the bank will look at the purpose of the payment and what to do next...
A deposit to a trading account is not taxable as it is our money on which taxes have already been paid!
The difference is taxable if the deposit into your bank account is greater than your deposit into your brokerage account.
A deposit to a trading account is not taxable as it is our money on which taxes have already been paid!
The difference is taxable if the deposit into your bank account is greater than your deposit into your brokerage account.
RF Tax Code Art. 223
"
...
1. For the purposes of this Chapter, unless otherwise provided for in paragraphs 2-5 of this Article, the date of actual receipt of income shall be determined as the day of:
1) payment of income, including transfer of income to accounts of the taxpayer in banks or on his behalf to accounts of third parties - when income is received in cash;
...
"
This is where the bank will look at the purpose of the payment and what to do next...
I don't understand this taxation of a bank account.
And it's sort of not being taxed, for now anyway....
That's the thing, for now. I'm watching the news right now and I see the catastrophic expected changes in the economy. Did the Americos win again?
Ruble inflation again, not far off, but the reason won't be oil now.
That's the thing, for now. I'm watching the news right now and I see the catastrophic expected changes in the economy. Did the Americans win again?
Ruble inflation again, not far off, but the reason now will not be oil.
We need a weak ruble to execute the budget...
Who will buy the ruble? I'm thinking of arranging to buy ADRs with leverage, as the rates there are much lower...
For now, the rouble will walk in a corridor as before, only it is wider. At the beginning of the year they promised an average price of 60 per dollar by the end of the year - roughly fulfilled.
I do not understand this taxation of the bank account.
Only income that is earned during the calendar year from winning in transactions that exceeds the costs of that transaction is taxable.