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Even foreign non resident non domiciled in the US people trading on US forex platforms online are liable for payment of US taxes from their US-source profits obviously enough -or so I understand- (income/capital gains taxes, and so on)…
The question is: How are they supposed to do so –filing/reporting income returns and the whole lot of stuff- as they dont live there so they can´t go to the proper tax agency and do it in person?
The idea of prosecution from the US government for tax evasion due to lack of knowledge doesn’t sound much ‘appealing’ honestly… I mean, personally it’s all that issue about platform-based taxation what makes me most doubtful on investing on forex online from Spain
So I wonder if those platforms –or the Banks they work with– already apply tax discounts on foreign non resident non domiciled clients’ accounts so to get them rid of all US tax inconvenience –filing potential tax returns included-
Thank you
(…I hope being lucky enough to meet across some really skilled/experienced helping people round here…)
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