Any trader From Italy?

[PEP]

Quote from ades72:

I am in Assisi a small city near Perugia and it is really great

I come from Gubbio, 20 miles from Assisi (really little world )

Bye,
PEP

 

[PEP]

Quote from Big_M_Surfer:

Hi Option,
yes I live in Gubbio near Perugia,
I'm not a prop, I'm a semi-professional, I have a part time job in the morning and in the afternoon I daytrade the E-Mini 5$ Dow.

Do you work in a prop firm? in Rome?

B_M_S

Hi Big_M_Surfer ,
me too from Gubbio (very very little world )

Ciao,
PEP

 

[Baruch]

Quote from quintrix:

Right..but you can't hold the trade for more than a week...strange but true

Q.

Sounds very nice.

 

[Baruch]

Quote from PEP:

Hi Big_M_Surfer ,
me too from Gubbio (very very little world )

Ciao,
PEP

What's going on in Gubbio?

 

[Pasternak]

Quote from ck9:

warning to all traders who want to move to italy who trade through a foreign broker:

several weeks ago a german trader contacted the ministry of finance in rome through a tax lawyer. he told them that he trades through a foreign broker, sole income source, and does several thousand trades a year. answer: in this case it is a business activity. tax rate 45% (maybe a little less because of a tax reform not long ago)
grey area.......

regards
ck9

Whether you trade through an Italian or foreign broker cant be the issue (?). I mean, there is supposed to be free float of capital within the EU. If I use a German or Italian broker cant make any difference, otherwise the EU-rules are not being applied, as far as I can see. The question must be if it is business or not?

If you dont like paying taxes to corrupt governments and bureacrats: move to Croatia which has zero tax on capital gains. Set up a company in a tax paradise and pay yourself a yearly dividend. Easy transport to Italy from Split and Dubrovnik.

 

[science_trader]

Quote from Pasternak:

Whether you trade through an Italian or foreign broker cant be the issue (?). I mean, there is supposed to be free float of capital within the EU. If I use a German or Italian broker cant make any difference, otherwise the EU-rules are not being applied, as far as I can see. The question must be if it is business or not?

If you dont like paying taxes to corrupt governments and bureacrats: move to Croatia which has zero tax on capital gains. Set up a company in a tax paradise and pay yourself a yearly dividend. Easy transport to Italy from Split and Dubrovnik.

Do you have a link about this zero tax on capital gains in Croatia ?

 

[Lights]

Quote from atorchio:

This book is not worth the price you paid for it, no matter how cheap it was!

Listen, from your postings on this forum you seem to be a well educated person of above average intelligence: do you really think I have to turn off the light every time my wife has the washing machine running? I don't even remember my mother doing it back in the '60s in the countryside...

when i was in venice, i asked a local about the lack of restrooms everywhere, restaurants, cafes, etc. and he said that if too many people flushed at the same time, the sewage system would explode.

 

[Pasternak]

Quote from science_trader:

Do you have a link about this zero tax on capital gains in Croatia ?

http://www.henleyglobal.com/croatia1.html


I spent a lot of time and money on this last year on how to pay acceptable taxes (for me about 20%). I derive 95% of my income from trading. I found out that the best alternatives for me was Norway (where I reside now, not as bas as many thinks, tax free profits from stocks in a corporation, taxed at withdrawals), Latvia and Croatia. Italy was an option, but that seems to be a grey area. I contacted lawyers in both Latvia and Croatia, but I have to spend more time and money to be 100% sure. Obviously, this is a message board and any individual must take their own appropriate steps. A tax haven was/is not an alternative for me as Norway taxes their residents 4 years after they move. Thus I need to have a country with a tax treaty with Norway.

 

[science_trader]

Quote from Pasternak:

http://www.henleyglobal.com/croatia1.html


I spent a lot of time and money on this last year on how to pay acceptable taxes (for me about 20%). I derive 95% of my income from trading. I found out that the best alternatives for me was Norway (where I reside now, not as bas as many thinks, tax free profits from stocks in a corporation, taxed at withdrawals), Latvia and Croatia. Italy was an option, but that seems to be a grey area. I contacted lawyers in both Latvia and Croatia, but I have to spend more time and money to be 100% sure. Obviously, this is a message board and any individual must take their own appropriate steps. A tax haven was/is not an alternative for me as Norway taxes their residents 4 years after they move. Thus I need to have a country with a tax treaty with Norway.

Thx for the link. I personnaly live in Switzerland. Here too it's grey area with capital gains. Officially, capital gains on private wealth aren't taxed, but the frontier between private and business wealth isn't very well defined.

 

[nononsense]

Quote from science_trader:

Thx for the link. I personnaly live in Switzerland. Here too it's grey area with capital gains. Officially, capital gains on private wealth aren't taxed, but the frontier between private and business wealth isn't very well defined.

Hi science,

You are backpedalling on Swiss taxes.
I don't have to remind you about your earlier posts explaining with absolute certainty that capital gain taxes for private traders are effectively illusionary.
In fact Switzerland is as grey an area in this as almost any other European country. Lucky you found out about it in time.