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Are there any special tax implications that can result from a Managed Forex Account?

April 26, 2017account forex implications managed special tax

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Are there any special tax implications that can result from a Managed Forex Account?

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For U.S. residents, a Form 1099 will be provided for tax purposes at the end of the year. However, for specific tax implications, please consult your tax adviser. International clients are solely responsible for reporting any relevant tax information to their governmental and/or regulatory authority.