about tax...

metooxx · Sep 1, 2002

Originally posted by aphexcoil
metooxx,

Which island is paradise found on? My paradise is found in Amsterdam, but that's a rather large island.

aphie

Bahamas currently; maybe Cyprus next year followed by Fiji ...

Hamlet · Sep 1, 2002

Do you trade as a prop or customer? If prop, do you use an entity? I have not been able to find a prop firm which allows this, maybe you know of one.

metooxx · Sep 1, 2002

Originally posted by Hamlet
Do you trade as a prop or customer? If prop, do you use an entity? I have not been able to find a prop firm which allows this, maybe you know of one.

I am a principal in a private trading group. If you are doing serious volume you might talk To Gene @ Lieber & Weissman.

Hamlet · Sep 1, 2002

I do very high volume. I'd like to set up an entitiy, and even possibly do something along the same line as you. Thanks for the name.

metooxx · Sep 1, 2002

Originally posted by Hamlet
I do very high volume. I'd like to set up an entitiy, and even possibly do something along the same line as you. Thanks for the name.

How much volume?

Hamlet · Sep 1, 2002

7-10 mil./month

metooxx · Sep 1, 2002

Originally posted by Hamlet
7-10 mil./month

I will PM you tommorrow with a guy's name and number that will only handle high volume traders; he can help you with the whole off-shore thing if you are looking for that.

Hamlet · Sep 1, 2002

That would be excellent, thank you much. Maybe I'll be buying you a Margarita someday.

metooxx · Sep 1, 2002

Originally posted by Hamlet
That would be excellent, thank you much. Maybe I'll be buying you a Margarita someday.

Bahama Mamas are now the drink of choice ...

mercedes500 · Sep 1, 2002

It depends on where you claim being a resident. You pay US taxes if you claim being a US resident. If not you'll get the W8 Ben from your broker to fill out. I believe you still have to pay some kind of taxes even though you're not US person. Needs to be checked...