Realised & unrealised Forex Gains

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mikkyd
Posts: 7
Joined: Mon Mar 30, 2009 11:07 am

Realised & unrealised Forex Gains

Post by mikkyd »

For the year end 2008, I have a substantial amount of Realised Forex Gains approx 20k. I also have a small amount of Unrealised portion(which I get when revaluating my accounts on 31st Dec ) . For corporatee tax purposes which amount is taxable- realised or unrealised or they both are not taxable and do not effect on my corporate tax returns.

Please advise. Thanks
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