Forex trading or Foreign Exchange Market, to put it in layman’s language, refers to trading currencies in pairs. It is the most traded financial market around the globe and it has not a centralized market place or counter any where in the world economy market. $ 3.2 trillion is the average worth of currencies that … Read more
Article by Lance Wallach Have A Foreign Bank Account? FBAR Deadline is here. Filing deadline for the IRS’s offshore tax amnesty (called the Offshore Voluntary Disclosure Initiative). IF you don’t comply you will get caught.For those with current offshore accounts, the deadline to file the annual Report of Foreign Bank and Financial Accounts (“FBAR”) is … Read more
Forex Trading or Foreign Exchange Trading is a currency market where trading of currencies happen. There is no physical location for forex trading. It is a 24 hour market where sellers and buyers commence business. They trade foreign currencies and make profit from it. Forex is done by buying a certain currency and then selling … Read more
There is a simple trick to saving about 4% on the price of property abroad. It is quite easy and only takes about an hour. As an example, on a 0 000 property, this means that you would save about 000. Not bad for an hour’s work. Following is the explanation of how you do … Read more
Introduction to Forex Market : To prevent the speculation , it was proposed to tax transactions in foreign exchange markets. This tax, the Tobin tax, named after the professor who first suggested in 1972 held at the Janeway Lectures at Princeton, was originally to be levied on all foreign exchange transactions in cash and aimed … Read more