I am not an Australian citizen but have been trading on the Forex platform [removed by moderator]. I went to withdraw some funds and the platform said since my profit exceeded 100% of my investment, I needed to pay a capital gains tax of 19.5% of the profit before I am able to withdraw funds. They also will not allow the taxes to be withheld from my profits like other platforms. I have asked for specific code and they have not been able to provide it. The also say they will pay on my behalf because I am not a citizen and provide a tax certificate. I just want to make sure this is truly the way the ATO operates and I'm not being scammed. Their AFSL number is [removed by moderator].
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691 views
7 replies