Recent content by gsb

Thank you for this clarification! So I understand that while there may be a requirement to register and pay social insurance, there is no practice that profits from frequent futures trading on a daily basis are taxed as regular income at a progressive scale. Is this correct? What are the...

Thank you! I cannot find how to initiate a PM, maybe my account does not allow to do that. Could you please PM me, so we could continue this discussion?

Does this tax exemption apply for any frequency of trading operations? I wonder if there is a rule that day trading US futures with multiple transactions each day will be considered by the Cyprus' tax authorities as a "trade", require a person to register as self-employed or to create a company...