Hi,
I have been trading gold options for 12 months through a UK broker. It is now time for me to cash in on profits. Regarding the withholding taxon capital gains in the US, my broker as informed that I have to pay it and then I will get it back.
Please help me by clarifying why the tax can't be paid from my gains?
I have been trading gold options for 12 months through a UK broker. It is now time for me to cash in on profits. Regarding the withholding taxon capital gains in the US, my broker as informed that I have to pay it and then I will get it back.
Please help me by clarifying why the tax can't be paid from my gains?
