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Thread: Green Trader Tax

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#10 (permalink)

03-23-2006, 02:20 PM

miltontuo

Registered User

Join Date: Mar 2006

Posts: 2

Swiss based therefore no capital gains tax on foreign exchange profits

Dear Sir/Madam,

The ACM (Advanced Currency Markets) in Swiss said that one of Advantages of trading with ACM is:
"Swiss based therefore no capital gains tax on foreign exchange profits."

If I open an account with ACM, I will not pay capital gains tax on foreign exchange profits in US. Is it true?

Thank you very much!

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