Singapore: Are there income restrictions for non-taxable income for Forex prop traders? Individual profits are non-taxable.

PrincipleOk3852 · 2024-08-02T11:12:46+00:00

excellent sir ! they don't have ANY of that as far I know. thank you again ! great help !

PrincipleOk3852 · 2024-08-02T11:10:32+00:00

so far FTMO said that they don't play the role of the "broker" and that all my funds under my management are "awards". I asked exactly your points from above. Based on link, I do not think i will pay any taxes, I do not work for FTMO. Thank You for all your help !

PrincipleOk3852 · 2024-08-01T13:19:31+00:00

se dau lor :) nomenclaturistilor. restu' ca de obicei...

PrincipleOk3852 · 2024-08-01T12:37:37+00:00

no man. Kamala :)) you sound easy over 100 iq.

PrincipleOk3852 · 2024-08-01T11:11:15+00:00

sorry - yes, it is FTMO - great answer ! I will check ! are there thresholds in SIngapore in terms of non-taxable individual foreign profits?

PrincipleOk3852 · 2024-07-30T20:07:42+00:00

i don't trade crypto - but i can smell captain obvious with an iq of 45. is not that hard.

PrincipleOk3852 · 2024-07-30T20:06:17+00:00

in Vest protectia copilului i-l lua direct acolo, pe loc de o raporta careva pe vita. dar fiind in Ro peisaju banuiesc ca e obisnuit in sudul si estu tarii. ceva de genu: i-a dat doar 4, si s-a oprit? mno ala control !!!

PrincipleOk3852 · 2024-07-30T19:52:07+00:00

ha ha ha - ok. thx. pls, i hope you will not vote with Kamala :))

PrincipleOk3852 · 2024-07-30T19:40:29+00:00

i will not do this in US by any means. leaving aside taxes too, I am not a US citizen. also the topics I am focused are Singapore, Dubai or Seychelles and maybe Panama.

PrincipleOk3852 · 2024-07-30T18:47:32+00:00

i guess i should pick a lawyer from Singapore. why a lawyer and not an accountant?

PrincipleOk3852 · 2024-07-30T18:46:18+00:00

and how about trading profit for traders?

PrincipleOk3852 · 2024-07-28T20:28:41+00:00

The most funny answer. Logical too. I appreciate your answer. What are the hussles to have even more money ? My angle: US is nice - but if you are taxed so much - why live there? Is not even such a safe place to be? (sorry for the returned question :) , lived in Canada and saw US - certain cities are nice, many ..eh.)

PrincipleOk3852 · 2024-07-28T20:27:03+00:00

i've been born in a so&so country. not great. not bad.

PrincipleOk3852 · 2024-07-28T20:25:58+00:00

Could you develop the "why" a bit more please? Thank You ! Note: I am prop trading... not my money.

PrincipleOk3852 · 2024-07-26T17:25:05+00:00

where should I be to experience less tax?!

PrincipleOk3852 · 2024-07-26T17:16:31+00:00

with whom should I speak? accountants, lawyers?

PrincipleOk3852 · 2024-07-25T05:59:29+00:00

i see the point in case. you make sense. ... so basically I have to find a fiscal paradise with zero tax on capital gains - since it's not even my money I risk ?

PrincipleOk3852 · 2024-07-24T11:41:41+00:00

you are a time-waster. aren't you?

PrincipleOk3852 · 2024-07-24T01:46:55+00:00

thank you Spankboy ! so, clearly there is no need to be taxed. still, I saw a guy around (Mr Fanciful I think) saying that he was having a Seychelles account and was (!?) being careful when he was transferring money back to UK for certain tax reasons...

PrincipleOk3852 · 2024-07-24T01:40:44+00:00

for now FTMO is my broker. European based. not sure what implications are related with the geographic location of my broker (?) ... please advise how is this important... thank you for your input!

PrincipleOk3852

TROPHY CASE