Tax on forex trading nz. Apr 3, - From the intel I've gathered, it would seem that New Zealand is trying to pull off a Cyprus by imposing taxes on deposits. In addition, the country is geographically near the Asia-Pacific region and its close proximity makes it easier for brokers to access the potentially huge market of forex traders there.

Tax on forex trading nz

How Currency Traders Can Slash Their Taxes Big Time!

Tax on forex trading nz. May 9, - To limit their risk, traders are also encouraged to use a stop-loss strategy. This means they automatically cut their losses and get out when a currency moves below a set point. The market can be traded 24 hours a day. Traders are required to pay tax on their income of up to 33c in the dollar.

Tax on forex trading nz

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