Do You Pay Taxes On Stock Trades?

[Good-Person]

Paying taxes is an act which is obligatory upon every citizen. The government needs taxes and this is why they charge taxes. However,there are many people that trade in the stock market and they would have to need to pay taxes on stocks. So, do you pay taxes on stock trades?

 

[Jonaville1]

Paying taxes is an act which is obligatory upon every citizen. The government needs taxes and this is why they charge taxes. However,there are many people that trade in the stock market and they would have to need to pay taxes on stocks. So, do you pay taxes on stock trades?

Paying taxes is very much important in my country and that is why some government officials closed up some companies that has refused to pay their tax to the government

 

[eenya001]

i doubt if people pay tax on stock trading but it is possible due to the knowledge i have with forex brokers that requires you to pay tax but not all forex brokers does this.

 

[Kane]

Yes, you will have to pay taxes on your stock trading. When you buy, you do not have to pay taxes, but when you see with a profit margin, you will always have to pay taxes. How much taxes you will be paying will depend on your country's taxaton laws.