Forex trading success secrets revealed in financial operations
Forex strategies revealed simple by prosecutors
First of all, should start treating capital gains generated in operations. For this, there is that distinguish between two types: which are generated by dividends and the generated in the operations of sale. The first, will be taxed as yields of capital furniture, while the second is will declare how earnings heritage.
The recent tax reform, the percentages to be applied to dividends vary between 20% and 24%, depending on which sections ourselves in the taxable base. If dividends are in another currency other than the euro, the taxpayer shall declare the dividend charged at the rate of Exchange in euros on the day of collection of the same. On the other hand, the returns generated as a capital gain, i.e. capital gains generated in sales operations, will be taxed from 20% to 47%, depending on where it is the marginal rate of income TAX.
Another point to qualify, according to the Advisory tax, are the operations generated in more or less of a year. For the statement of income of 2015, both operations will be taxed from a 20% to a 24%, depending on the section of the base taxable of the saving.
Likewise, also is interesting try how taxed the losses generated in less than a year. These are can compensate with the profits generated in less than a year and when the balance follow being negative. The percentage applied is 10% of the balance comprising the general tax base. Therefore, the losses generated by the year 2015, could compensate this year either, in the 4 years following the time of the loss.
Other data of interest to perform trading operations are expenses of commissions and spreads that are generated. These are deductible for the purposes of income TAX and of tax of societies. However, the expenses incurred by the subscription in time real not are deductible.
When we talk about CFD´s products, for the statement of income in 2015 and on tax reform in force, any gains or losses generated with this product, they will be taxed the taxable savings for purposes of income TAX and with rates from 20% to 24%, according to the section of the tax base. To the income statement, it is necessary that the broker will give us a report on the operations carried out with the breakdown of losses, profits, and costs generated. For this type of operations, you must apply the method FIFO.
Other product highlights according to the fiscal advisers of Aserline are the Treasury bills. The performance of these letters is calculated between the difference of the purchase price and the sale price and will be taxed as capital performance without being subject to income TAX withholding. The percentage to apply is from a 20% to a 24%, according to the section where we find. However, if we talk about bonds, also that will be taxed as income from capital and with the same percentages applied in the Treasury bills. That Yes, the costs of acquisition and alienation that are justified, may be inferred.
If we refer to the ETF´S products, will be taxed just like actions. Therefore, you must pay by the earnings as capital gains in the saving of the income tax base. The percentage applied varies from 20% to 24%, depending on the section in which we find ourselves.
It is also interesting to treat the capital gains generated in Forex. These will be taxed at the base impossible of the saving of the income TAX to the type marginal of the taxpayer, regardless of the period of generation and without retention to has. Also the broker must provide a report with breakdown of losses, profits, and costs associated with the operations. The percentage applied varies between 20% and 24% depending on the section.
If talk of funds of investment, should include is in the statement of income when is make effective the gain heritage. These gains will be taxed at the base tax of the saving. With it reform fiscal of 2016, is will be taxed by it gain total generated between the purchase and the sale with a limit of until 400,000 euros, according to it established by the Agency tax, but not by each operation individual but by all them operations of gains heritage summed. The percentage to apply serious from a 20% to a 24%, according to the section where we find.
Two tips to have in account
According to Aserline advisers, there are two tips that can help to limit or optimize the statement of income:
Mount a new company. In the statement of income, there is that taxed by the type of income TAX indicated in each section. In some cases, can reach up to the 45%. If is creates a new company, is tax by the tax of societies with a percentage to apply of a 15% during the two first years for societies limited of new company, and in them next to a 25%, according the tax reform into force.