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1. Global Responsibility for Income Declaration
In most countries, individuals are required by law to declare income earned both locally and internationally.
Investment profits, dividends, or portfolio growth are considered part of your taxable income.
Whether your investments are made through local or globally regulated platforms such as Exness, it is your responsibility to report and pay any applicable taxes to your home country’s tax authority.
2. Foreign Platforms Are Not Connected to Local Tax Systems
International investment platforms operate under global financial regulators (for example, the FCA in the United Kingdom, CySEC in Cyprus, or FSA in Seychelles).
Because of this, they are not automatically linked to national tax systems in each investor’s country.
That means your local tax authority (such as the BIR in the Philippines or the IRAS in Singapore) will not automatically receive your income information.
To remain compliant, investors must self-report their investment revenue.
3. Legal and Financial Protection
Self-reporting your investment income helps:
Demonstrate honesty and transparency to your government
Avoid penalties, audits, or investigations for undeclared earnings
Prove the legal source of your funds for banking, travel, or business verification
Maintain a positive financial reputation with your local authorities
Self-reporting is an essential step for protecting both your personal and financial credibility.
4. Global Examples of Tax Obligations
| Country / Region | Tax Authority | Key Rule | Requirement for Investors|
Philippines | Bureau of Internal Revenue(BIR) | Global income rule | Declare income earned worldwide, including from international investment platforms |
Indonesia | Direktorat Jenderal Pajak (DJP) | Worldwide income taxation | Report foreign investment earnings in annual SPT return |
Malaysia | Lembaga Hasil Dalam Negeri (LHDN) | Resident taxation rule | Disclose foreign-sourced income if remitted or repatriated to Malaysia |
India | Income Tax Department (CBDT) | Global income for residents | Report foreign income and assets under Schedule FA and ITR-2 |
Vietnam | General Department of Taxation (GDT) | Income from overseas investments | Include earnings from offshore accounts or platforms in annual declaration |
Thailand | Revenue Department | Foreign-sourced income taxation | Report any income brought into Thailand within the same tax year |
Singapore Inland Revenue Authority of Singapore (IRAS) | Territorial basis | Report only income derived from or received in Singapore; foreign-sourced income may be exempt unless remitted |
5. Benefits of Self-Reporting
Compliance: You remain legally compliant in your country of residence.
Transparency: You can clearly show your investment income records.
Security: Protects you from issues related to anti-money-laundering (AML) or suspicious transaction reporting.
Credibility: Improves your standing with banks, visa applications, and financial institutions.
6. Recommended Documents to Keep
When self-reporting your revenue, retain the following as proof:
7. Key Reminder
International investment platforms like Exness operate under global regulation, not under the local financial authorities of every country.
Therefore, each investor is personally responsible for declaring their earnings to their local tax agency according to their country’s laws.
Summary
Self-reporting your investment income is not only a legal requirement in most countries but also a vital step toward maintaining financial integrity.
It ensures that your global investments remain: