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This means a trader can trade the forex market and be free from paying taxes thus, forex trading is tax-free! All income tax information is summarized by KPMG LLP, the U.K. UK) 109 for collection 100 for discount 100 “for sale” 35 for tax purposes 62.
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In the UK and the Republic of Ireland, an alternative to CFDs is the financial spread. Toro (UK) Ltd, a Financial Services Company authorised and regulated by the Financial Conduct Authority (FCA) under the license FRN 583263.