Best Forex

Do I have to pay Tax on FOREX currency exchange earnings?

This is not my main income, but do my earnings on the Forex market need to be taxed? is there a minimum earnings i must reach before paying tax? Thanks.

Public Response to Do I have to pay Tax on FOREX currency exchange earnings?

  1. All income must be reported and is subject to income taxes.
  2. Hey there, depends on where you live. In 1st world countries, yes.
  3. tax laws are different in every country and you need to find the details of the country you are from, but yes, all of them require you to document your profit from forex.