Click the next link to read one of our company's internal research memos on the spot forex taxation issue.
http://www.greencompany.com/Educatio...o20050821_.pdf
The GreenTraderTax Alliance for Traders
http://www.greencompany.com/Traders/Advocacy.shtml would like to pursue this spot forex taxation issue with the IRS national office, who indicated they would work with us on it. We need corporate sponsors and members to finance the efforts of some leading tax attorneys.
Let's all work together to get to the bottom of this important tax issue and to follow up on it with the IRS. The futures industry lobbies hard to retain more-beneficial 60/40 tax treatment and the forex industry needs a tax-lobbying effort too.
Thanks, Robert A. Green, CPA & CEO