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options taxation
- Thread starter ssss
- Start date
Not exactly clear as to what your facts are. Nevertheless, the US does not tax nonresident aliens who are not engaged in US trade or business, on investment gains.
4Q
4Q
Dear Sir
You wrote -
exQQQQseme
Nevertheless, the US does not tax nonresident aliens who are not engaged in US trade or business, on investment gains.
4Q
Not engaged in USA trade or business ,but what is USA
definition of investment gains ?
If option position hold until 7 days and selled
with gain ,is it investment Gain through USA law ?
(Germany taxed options gain)
You wrote -
exQQQQseme
Nevertheless, the US does not tax nonresident aliens who are not engaged in US trade or business, on investment gains.
4Q
Not engaged in USA trade or business ,but what is USA
definition of investment gains ?
If option position hold until 7 days and selled
with gain ,is it investment Gain through USA law ?
(Germany taxed options gain)
Quote from ssss:
Dear Sir
You wrote -
exQQQQseme
Nevertheless, the US does not tax nonresident aliens who are not engaged in US trade or business, on investment gains.
4Q
Not engaged in USA trade or business ,but what is USA
definition of investment gains ?
If option position hold until 7 days and selled
with gain ,is it investment Gain through USA law ?
(Germany taxed options gain)
As a US non-resident alien (i.e. not US citizen, living outside the US), you are not taxed on capital gains from trading in the US, you may be subject to capital gains tax in your home country. In other words, if you make an options trade and make money on it, you won't pay tax on the profit in the US, but you may have to pay it in your home country depending on the local tax laws.
MTE wrote -
but you may have to pay it in your home country depending on the local tax laws.
Good (author filled W8-ben) .
But would Germany options tax direct deducted from author USA account from USA Tax authority and transferred to germany or all that is only case
for Germany tax authority in Germany ?
( author knew how legaly avoid tax in Germany
for he's person )
As example today Swiss broadly exchanged information about different non-criminal accounts ,which belong to Germany
citizen with GErmany tax authority
Relevant comment would appreciated .
but you may have to pay it in your home country depending on the local tax laws.
Good (author filled W8-ben) .
But would Germany options tax direct deducted from author USA account from USA Tax authority and transferred to germany or all that is only case
for Germany tax authority in Germany ?
( author knew how legaly avoid tax in Germany
for he's person )
As example today Swiss broadly exchanged information about different non-criminal accounts ,which belong to Germany
citizen with GErmany tax authority
Relevant comment would appreciated .
Quote from ssss:
MTE wrote -
but you may have to pay it in your home country depending on the local tax laws.
Good (author filled W8-ben) .
But would Germany options tax direct deducted from author USA account from USA Tax authority and transferred to germany or all that is only case
for Germany tax authority in Germany ?
( author knew how legaly avoid tax in Germany
for he's person )
As example today Swiss broadly exchanged information about different non-criminal accounts ,which belong to Germany
citizen with GErmany tax authority
Relevant comment would appreciated .
Nope, the option trades are not reported to the IRS (US tax authority) or German tax authority so no tax will be deducted from your US brokerage account automatically.
SSS, the term "investment gains" was my choice of words, meaning gains from securities trades other than trades in a trade or business. Sorry for the misunderstanding.
As other postings which followed mine have accurately stated...as a non US citizen residing in a foreign country, you do not pay tax on either your stock gains, your options gains, etc.
As other postings which followed mine have accurately stated...as a non US citizen residing in a foreign country, you do not pay tax on either your stock gains, your options gains, etc.
Thank you for answer.
If author understand you correctly ,USA tax authority
not deducted tax from account of foreign individual
in each case. Information simple provided to
related foreign countries .
As example USA options gain tax for USA resident's
lover as Germany option gains tax for Germany resident .
If author understand you correctly ,USA tax authority
not deducted tax from account of foreign individual
in each case. Information simple provided to
related foreign countries .
As example USA options gain tax for USA resident's
lover as Germany option gains tax for Germany resident .
Quote from ssss:
Thank you for answer.
If author understand you correctly ,USA tax authority
not deducted tax from account of foreign individual
in each case. Information simple provided to
related foreign countries .
As example USA options gain tax for USA resident's
lover as Germany option gains tax for Germany resident .
No info is provided to anyone! Neither the US nor the German tax authority have any info regarding your option trades. That's as far as i understand the tax issues, I may be wrong though in case of Germany, but then again, doesn't Germany have a self-assessment tax system, where you report your income, net capital gains and etc!?
No info is provided to anyone! Neither the US nor the German tax authority have any info regarding your option trades.
Author suspect,that you are some naiv .
That's as far as i understand the tax issues, I may be wrong though in case of Germany, but then again, doesn't Germany have a self-assessment tax system, where you report your income, net capital gains and etc!?
Yes have ,but exchange of information between
Swiss and Germany exist .
And suspect ,between USA and Germany alsov
(for tax delict)
But author have possibility not to be taxed full in consistency with Germany and USA law .
Author suspect,that you are some naiv .
That's as far as i understand the tax issues, I may be wrong though in case of Germany, but then again, doesn't Germany have a self-assessment tax system, where you report your income, net capital gains and etc!?
Yes have ,but exchange of information between
Swiss and Germany exist .
And suspect ,between USA and Germany alsov
(for tax delict)
But author have possibility not to be taxed full in consistency with Germany and USA law .