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Trading for a living & taxes in EU

  #12 (permalink)

Netherlands
 
Trading Experience: Advanced
Platform: Sierra Charts
Broker/Data: Infinity Futures
Favorite Futures: FGBL
 
Posts: 66 since Oct 2009
Thanks: 58 given, 64 received


w4rri0r View Post
i know in NL you are taxed 30% assuming an average gain of 4% on all your savings
so you pay 1,2% (4% 0f 30%) on your entire capital regardless your gains or losses .... the problem is (as i know) you can't do trading as main profession ... i mean ... i trade for a living and i have not other sources of income ... with over 200 trades x month ...

... as my knoledge I will be taxed (as private) as income (not capital gain) at 33% more or less ...
don't know if one trade through a company, wich type, licences (i assume trading througha company qualifies you as professional, so maybe licences are needed) and costs ... would be awesome knowing more about it

can you provide some links since look like you are trading from NL? Thanks!

You don't need to say that you are a professional trader.There is no rule in the Netherlands that you need to have a profession. In your tax declaration you say that you don't have an income.
What you earn as a private trader is not taxed ( only 1,3% on total possessions on your bank account). One drawback is that you cannot subtract your losses.

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