Shouldn't we have new thread? This thread have more than 2500 posts already.

Anyways, I have a question for traders here, especially full time trader or anyone who make lots of money in forex. You don't have to reply here, you can just PM me. I had to create new account for this as I don't want anyone to know what my username really is, you could do the same too. I just need to know about tax on forex income.

Ok. I know that forex income is not taxable but we have to declare the income when we receive it more than 10k (I read this somewhere long time ago). I also read that if you want to bring in more than 50k you have to declare in different form and have to do it directly with BNM. Can someone clarify this?

Also, as long as I keep record on my forex transaction, no one can't dispute me on my money right? What's with the anti money laundering act no matter how much I bring in and how frequently I do that. Is it correct? I can foresee the delay on receiving the money due to declaring it or something but they couldnt take away or froze the money because I have my record is it correct? If I wire 100k USD to my bank account that linked with my forex account will there be a problem?

For the record, I am just curious to know. I am not earning that much currently but I hope I will someday. Can somebody kind enough to answer me on this?