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Home » Trading

How Do The Tax Laws Work With Playing The Forex Market With A Us Broker And Being A Canadian Resident?

Submitted by on October 16, 2009 – 7:16 amNo Replies


A web user asks, I currently dabble in the forex market and using a US broker. How will I be taxed on my earnings, and what happeneds if I lose money that year, is it a capital loss? HOw does this work in regards to canadian tax laws with the broker being in the US?

Can you help them out? Post your advice!

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