Re: Trader Interviews Quote:
Originally Posted by timsk Re. the earlier point about determining the trader's level of profitability - any suggestions on this front are welcome.
Tim. |
The individual's broker statement for the last one year should be sufficient proof. If one is too squeamish to produce that then the tax return should do, as long as you can establish that the majority of the tax being paid is capital gains (i.e. trading or investing) and not income tax (i.e. selling stuff with may be a small portion accounted for by dividends).
I am not saying that getting this stuff out of someone is easy (and personally I'd run a mile from anyone who ask for such documents, but then I am not being interviewed), but you asked about the process.
PS. I am not sure what tax regime prop traders fall within.
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