Saturday, May 26, 2007
What are the tax rates for options and forex? -
Are stock options gains (selling calls) taxed the same as short-term gains on stocks, or is there a different set of rules? And forex? yes they are. all options are treated the same unless you hold what is known as LEAPs which are at least 1 year before expiration/execution. Aleks
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Currency trade, forex exchange, fx alternate – these are all terms used to describe the exchanging of 1 currency for any other; as an example, the exchanging of u.S. Bucks to british kilos. Within the forex market, that is considered as shopping for pounds whilst simultaneously promoting greenbacks*. Due to the fact currencies are usually concerned, currencies are traded inside the form of foreign money pairs, with the pricing based totally on the trade rate offered by using dealers in forex buying and selling marketplace.
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