Just moved to Germany recently, and I am looking at opening up some new FOREX trading accounts.
Anyhow, I am also a U.S. Citizen. But I am not a tax resident of Germany.
In any event, can anyone shed light if FOREX.COM or OANDA report trading activities to the tax authorities in the U.S. or Germany?
I asked FOREX.COM, but they won't give me a straight answer, but instead tell me to consult a lawyer or a tax accountant. I think their answer stems from the fact that they probably are using non-native English speakers that have been trained if you see the word tax to just give a standard answer.
Anyhow, I am also a U.S. Citizen. But I am not a tax resident of Germany.
In any event, can anyone shed light if FOREX.COM or OANDA report trading activities to the tax authorities in the U.S. or Germany?
I asked FOREX.COM, but they won't give me a straight answer, but instead tell me to consult a lawyer or a tax accountant. I think their answer stems from the fact that they probably are using non-native English speakers that have been trained if you see the word tax to just give a standard answer.