Exempt gain and Foreign Exchange Committee: Difference between pages

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imported>Doug Williamson
(Expand for clarity to add "capital gains on...")
 
imported>Doug Williamson
(Link with Federal Reserve Bank page.)
 
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''UK Tax.'' 
(FXC).


A capital gain which is wholly or partly exempt from capital gains tax.  
The FXC includes representatives of major financial institutions engaged in foreign currency trading in the United States and is sponsored by the Federal Reserve Bank of New York.
 
 
The Foreign Exchange Committee is established to:
 
#Serve as a forum for the discussion of good practice and technical issues in the foreign exchange (FX) market.
#Foster improvements in risk management in the FX market by offering recommendations and guidelines.
#Support actions that facilitate greater contractual certainty for all parties active in foreign exchange.


Examples include capital gains on an individual's principal private residence, and gilts.




== See also ==
== See also ==
* [[Capital Gains Tax]]
* [[Federal Reserve Bank]]
* [[Gilts]]
* [[FEOMA]]
 
* [[Foreign exchange]]
[[Category:Accounting,_tax_and_regulation]]
* [[FX Global Code]]
* [[FXJSC]]
* [[ICOM]]
* [[IFEMA]]
* [[IFXCO]]
* [[ISDA]]

Revision as of 08:29, 29 June 2017

(FXC).

The FXC includes representatives of major financial institutions engaged in foreign currency trading in the United States and is sponsored by the Federal Reserve Bank of New York.


The Foreign Exchange Committee is established to:

  1. Serve as a forum for the discussion of good practice and technical issues in the foreign exchange (FX) market.
  2. Foster improvements in risk management in the FX market by offering recommendations and guidelines.
  3. Support actions that facilitate greater contractual certainty for all parties active in foreign exchange.


See also