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Old 02-28-2008, 15:38   #21
saintvio
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Quote:
Originally Posted by Hardicus View Post
I've always wondered, if you can pay tax on your gains from EU, can you also claim rebates on your losses?
i dont know tax law in the uk but in the usa you would be able to claim any expenditures you made in deriving the income from the venture, so you could claim your losses against any income from EU, but not against income from any other source.


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