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A: The simple answer is yes. Spread betters escape the 18 per cent capital gains tax that shareholders must pay on trading profits (capital gains amounts to. You must pay betting tax once your WA taxable betting revenue exceeds the threshold of $, per assessment year. Betting tax is calculated at 15% on taxable. In addition to higher risks involved with high leverage the other main downside is tax. As you are probably aware spread betting in the UK is free from income.

Dan Annan is the CEO of Cosmos Asset Management (CAM). Cosmos is a relatively new Australian asset manager looking to list crypto-focused ETFs on. CRYPTO ASSET MANAGEMENT, LLC (CAM-3) IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. CRYPTO ASSET MANAGEMENT, LLC. HAS ENGAGED. Timothy is the founder and the primary Principal of Crypto Asset Management, LP ("CAM"). Prior to founding CAM, Mr. Enneking was the founder and investment.