Tax free futures trading in the Netherlands?
- Thread starter mhoev
- Start date
The numbers are correct, but I am not sure if they really just apply to capital on bank accounts in the Netherlands. When you become a resident in the Netherlands, you pay your tax on your world income there. As they use your capital to calculate the hypothetical incomes from investments I expect that all your capital will count.
Perhaps someone trading from Belgium can comment on this? I found some papers in the net which say that the capital gains tax rate is 0% even for short-term speculations.
About Luxembourg I do not have any meaningful information. I read several statements that Luxembourg is very overestimated as tax haven but perhaps someone can provide some concrete information?
Markus
What do you call a professional trader ?
Someone with no revenue except those from his daytrading ???
Someone with no revenue except those from his daytrading ???
The question for the tax authoraties is whether you are an entrepeneur. If you trade full-time from home you do not meet the criteria to be considered an entrepeneur. Besides that, there is always the possiblity of considering yourself to be an investor. Capital gains are tax-free. So all together the 'fiscus' would have a very tough case taxing futures gains.
Forget about CG taxes, I doubt you can avoid them if you trade full time, the 0% CG tax rate in some EU countries generally applies to investors from what I know. What about social security taxes? As a business owner you probably need to pay these taxes quartely even if you don't make anything. That's the beauty of the european social system.