Search results

There was a precedent, and the head of tax administration officially ruled the way that it is going to be taxed on the selling amount

Yet again there is the law. I can even give you a youtube webinar, where people from KPMG and Kazakhstani stock exchange mention this issue. But it is in Russian so probably it doesn't make sense for most people here. But here's the link To see the place where the mention anout this specific...

Companies are not the same, there's different tax system for companies and retail investor. As I said in the beginning I am here to vent my frustrations. And I am venting.

O Of course it was your own decision.

Yes, I will do my best but I am not expecting anything good. And I contacted few other tax accountants, the results are the same. Other than that they offered dismiss that clause stating that most tax inspectors don't know about it. And most people do the same. But the issue is that Kazakhstan...

You are so successful that the brokers decided that you might conquer the world if they allow you to open a margin account?

And of course you are a successful trader, because you trade options on a CASH account

It is irrelevant. But when there's a dumb asshole, it feels good pointing out how dumb they are

It's you being an asshole. You are the one who called me not bright without understanding the whole situation. Even though I explained here everything. I was polite until you decided calling names And it looks like I hit really hard when I said that that you are not a successful trader.

God you are definitely not bright, I used to live abroad. I used to pay taxes abroad. That's where I paid 40% tax from my trading income. Last year I moved to Kazakhstan. And now I need to pay tax on the income that I made while I was living here. How do you live with thst kind of brain? You...

To appeal it there has to be some ambiguity in the law. There's an official statement from the head of the tax administration clearing everything. Where he clearly states that it's the way as it is stated here

If you can't read, then I am sorry. It's clear in the tax code what they say. As I said it's you who looks like not so bright

I cant really understand are you a person from the government or you are the one who is not bright. Do you think in my country we have opposition. And even if I was opposition what would my post do in a niche website. I am in awe of some people

Pfff, not so bright. LOL.

There was an official respond from the head of tax office about this issue and he confirmed it. And you are probably from a developed country. You don't know how stuff work in a shithole countries. It is quite possible that if I pay money to a tax official he is gonna look away. But most...

Most likely IB doesn't send any info to my government. Moreover, my government was so dumb that they once blocked IB in Kazakhstan, saying that it's a scam. Furthermore they declared CME exchange as a scam. Meanwhile ther are tons of real financial piramids in my country that they do nothing about

I don't know yet, I found out about it yesterday and still in awe. It wasn't an official tax decision. But the way the law works in my country. I need to submit my declaration and pay the taxes. After that if they check it and find out that if I did not take into account the clause then I will...

To be honest I would not believe either. Funny thing is they used to have state Delaware a few years back. If they didn't remove it, i would be definitely bankrupt

https://adilet.zan.kz/rus/docs/V1800016404 here's the list of all states and countries.

Non pro trader. If I created a company, it would probably not be a problem. However not sure if companies are exempt from this law.