Quote from: yoyoceramic on June 06, 2011, 11:09:06 PM

Quote from: Grant on June 06, 2011, 11:05:56 PM

It's standard "Capital Gains Tax" rather than "Income Tax" when you take it out, just like it would if you sold forex/pm or stocks for that matter.

All governments keep an eye on unusual inflows from accounts on that one, no i wouldn't recommend to cheat on that one.

It is important to distinguish between short term and long term capital gains tax. Both of which are a function of the ordinary income tax bracket you are in:
http://i.imgur.com/N1VMv.jpg

Yes I pay tax for better country and help others.