Spot forex tax treatment. Dec 27, - By default, retail FOREX traders fall under Section , which covers short-term foreign exchange contracts like spot FOREX trades. Section taxes FOREX gains and losses like ordinary income, which is at a higher rate than the capital gains tax for most earners. An advantage of Section treatment  Treatment of foreign exchange losses of foreign.

Spot forex tax treatment

How Currency Traders Can Slash Their Taxes Big Time!

Spot forex tax treatment. Aug 20, - Making the wrong decision about the forex Section opt-out election and reporting forex incorrectly. Spot and forward forex receives Section ordinary gain or loss treatment (which generally is better than a capital loss limitation). At any time during the tax year, traders are entitled to file an internal.

Spot forex tax treatment

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