I am currently enjoying a long weekend in Paris and I was having a little chit chat with my brother in law, and we brought this subject of forex trading, I said I do some Sread bettiing and asked if it was tax free just in the UK soil or everywhere else, I just said it should be as the =brokers absorb the tax through the spreads they charge... .
I know that spread bets do not attract any capital gains in the UK (nor can you opffset any losses!) but, as he lives and works in France and a French tax payer, I am trying to find out if profits (should you ever make any!) are treated similarly in France? or are they taxed over here ?
I would appreciate any advice from anyone who can help in this area.
Many thanks in advance