SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Shorting with Offshore Accounts

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: peter michaelson who wrote (3)2/8/1999 3:40:00 PM
From: Rajiv  Read Replies (2) of 127
 
This means that you have to pay Capital gains tax in the country where you have your brokerage account (let us assume - Canada).

Taxes in the country where the offshore company is incorporated (let us assume - Bahamas) - I am assuming this is minimal/non-existent.

Taxes in the U.S

??

Regards.
Rajiv
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext