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What sections of the ATO tax acts is foreign currency trading? That is cash base online trading with no physical goods exchange.
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In India, Foreign Exchange or Forex trading (Overseas Trading) is not allowed. If someone is found trading Forex on the stock market by the Reserve Bank of India’s.
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Hi Ben, this is a tough one. After a little digging it looks as though the 60/40 does NOT apply to binary options, however there really isn’t any tax procedures.
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