Tax rate on Forex gains

[amitsaxena76]

I am new to Gallileo. If I open an account on Forex.com or Oanda would they send me a tax statement at the EOY. What is the tax rate on Forex gains?

 

[oleg]

1. You should be able to extract a list of trades during particular financial year, can be calendar of other 12 months period.
2. I am not accountant, but believe FX gains are treated as per capital gains tax in your income tax declaration.
Good luck