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Forex tax ?

allsam18 · 2017-06-21 10:00:51

Hi, Do I have to pay tax for forex if it is not my main source of income ? Thanks

21-06-2017 10:00am

#1

allsam18

Registered Users, Registered Users 2 Posts: 105 ✭✭

Join Date: September 2011

Posts: 61

Hi,

Do I have to pay tax for forex if it is not my main source of income ?

Thanks

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Comments

#2 22-06-2017 2:36am

Peregrinus

Registered Users, Registered Users 2 Posts: 26,998 ✭✭✭✭

Join Date: March 2011

Posts: 26990

Foreign exchange gains are subject to capital gains tax like any other gains.

(Unless your foreign exchange transactions are being conducted with a frequency, system, etc which amounts to a trade, in which case they're subject to income tax like any other trading profits.)

0