Recent content by jackfrost

I would not say it is clear - it is clear if you know the the F account is the UK account ;) I was under the impression i would only get 85k gbp protection through FCA when i signed up to be honest. Yes well all the deposit schemes are kind of a brainwash at the end and rely on the states to...

Well... read it :) IB accepts clients in all of EU afaik. Just the regulatory entity (IB UK) is/was in the UK but will be replaced by IB LI for most it seems.

calculate 15 first year, then 10k going forward approx as a mean calculation. that does include the things you pay in all other countries too as explained (filings, book keeping, tax statements, refunds, virtual offices, whole thing)

I cant really give specific advice on your cfc problem but just holding an ID does not automatically make you tax resident. It makes you tax liable for your time that you spent on Malta depending on DTTs with your citizenship country etc. Being considered fully tax resident on Malta needs the...

Anyone planning their setup on that data not being stored should remember that most countries already do store that data by law and also partly exchange but usually with the US for example but it is stored on a per country basis in general. Usually access to that data is contingent on the usual...

I have not looked into it in detail yet but i was being told MT trading + GIB holding does not qualify or has problems tax wise with the instant 5% scheme as in not even paying the 35%. PS: that might have been in context of tax credits / 0% income tax / foreign income etc so the 5% scheme...

I saw it referenced in account management docs, trading uk cfd and metal docs etc. I have to admit at first i did not know either because the default account you use will be the non-F account. The F account is only always talked about when you want to specifically trade UK stuff in the UK. The...

Automatic exchange of that has been in the talks for a few years now and is in the process of being implemented at least for flights as well as trains and ferries.

Yes you have two different accounts in your login interface that you have to switch between. Everything is seperated as far as i can tell. I never used the F one.

PS: Source: I had IB UK give that to me in writing from two different support agents.

IB UK accounts that do not end in F are also being held bei IB US LLC with fdic etc coverage As a IB UK client you get two accounts. One regular (funds held be US LLC with full coverage but still negative interest >80k eur) and one account ending with F that is being held by IB UK with only 85k...

The problem with this buisness "idea" is that most of the people you sell the btc too will want to do so anonymously / launder cash etc. It is just a matter of time till you will land your butt in some kind of jail / massive problems especially when doing this as a business. Most laws...

yes and no. yes the are more reliable because they are not a non bank emi. they are pretty much an online bank now / have been for quite some time.

@lory btw they are incredibly easy to open an account with but they are restricted to a subset of the eu countries. they will however open an account simply based on a postal address you provide even with a non supported countries tax id...

n26 has full bank license with 100k insurance. they are not a regular emi anymore.