it seems the brokers don’t report sales? can this be? i live in US and have a broker in UK… seems nothing gets filed.
You can also walk out of a store with merchandise if no one is looking.I would not advise this,they will catch up with you sooner or later.And hopefully sooner than later so the interest hasn’t built up…:eek:
Yes, it is true. You are responsible for the book/record-keeping. There are some good CPA websites like Green Trader that can help you understand the tax rules. Do your homework, so you’re not running into trouble with the IRS at the end of the year.
You could always move to Dubai and save big on your taxes 