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It is your primer to the world of forex. Effectively US Citizens are being handed a major handicap by their governments regulations on trading and the US Government are trying their best to stop US Citizens from even being able to trade with foreign brokers or put their money in foreign banks As long as your account is in the US and you have to pay taxes in the US and not abroad it doesn't matter where in the world you are, even if you'd trade on the moon you'd still need to pay taxes in the US, so nothing changes, just do it the usual way The US Foreign Account Tax Compliance que es forex peru Act (FATCA), designed to combat tax evasion in other countries and effective as of January 1, 2013, has created additional reporting and withholding requirements for US-based brokers The implication from the broker I spoke with was that the law applies to US citizens, and the brokers in foreign countries are able to honor the NFA rules or not.
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