Why you shouldn't trade Forex

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noone22
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rank: 150+ posts
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Postby noone22 » Tue Dec 29, 2009 8:51 am

I'm not living in Argentina at the moment.

As far as I know, there are no capital gains tax
on Forex trading there.

Even if it would, I won't be paying it.

There are some simple tricks, you know -
open a Forex account with US broker,
fund it from bank account in Argentina,
withdraw to bank account in Brazilia
(some people even don't bother with this),
show peanuts in tax return form.

Having multiple accounts (both brokers
and bank ones) could confuse both taxman and yourself.

By the way, Buenos is an excellent city to view
from the window of tourist bus,
but not the best place to live,
unless you are crazy about football.

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