Stock Trading and Other Things

Intra-day futures trading - taxes in Belgium?

Hello,

I've recently began trading futures here in Belgium, through a Belgian broker firm/bank. I am not a citizen of Belgium but I do have a resident's permit (if that accounts for anything). I trade primarily intra-day. My question is: am I obliged to pay taxes from the profit that I gain and if so how big is it? And let's say hypothetically that I receive like a 10,000euro profit each month.

I would be really grateful to receive a clear answer without to many juridical terms or whatnot.
Thank you for your time.

Public Comments

1. You should address this question to the bank that you use - they are in a better position to give you the answer.
Unless you are American, you are liable for Belgian Taxes only and in general, there are no capital gains taxes in Belgium. However, there may be a different definition for short term gains such as intra-day trades which I am not aware of since I have never done that.
If you are american, you have to pay taxes on your world-wide income and therefore will have to pay taxes, as normal income, on your gains from the stock market.