Australian (ASX) Stock Market Forum

Taxation and Futures trading

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4 March 2006
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Hi All
If one was using a Aussie Broker to trade index futures on the Dax and Ftse ect,are you taxed under the Australian taxation laws? Or do you have some obligation under their taxation system?

thanks
onemore
 
HI Guys,
Hey crazy shark do you have any thoughts on best structure to trade with. ie individual, company or trust structure, advantages, disadvantages of each. I am trading for myself and a friend on one account.
Thanks in advance.
Neo.
 
Are transactions fees tax deductible at the end of the year for non professional traders ?
 
With the stock market going crazy I am now thinking about maximizing tax. Has anyone any tips on how to best do that. I understand it depends on personal situation but I guess they are some fairly standard way of doing that for example most of my owning are in my wife name who earns a low wage.
I would appreciate some feedback

Thanks
 
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