Retail Client Agreement
This client agreement, together with any accompanying documents,
as amended from time to time, (hereafter the “Agreement”) sets
out the terms of the Agreement between you, the customer (also
referred as the “Client”)
By signing this agreement, it is assured that Client has
read, understand and agree with all the terms of this Agreement,
as well as the conditions of Privacy Policy, Bonus terms and
conditions, 1-Click Transaction Agreement Terms and Conditions,
Refund Policy, Payment Policy, AML & KYC Policy and any other
additions to this Agreement and abovementioned policies. This Agreement
contains legally binding terms of business and
so it is in Client’s interest to read
it carefully before accepting it. If Client does not agree
to accept and be bound by this Agreement, please do not
open an account and/or continue to use Company’s website and/or
Company’s apps. Client’s further use of Company’s website will
constitute Client’s acceptance of this Agreement.
1. Definitions and Interpretation
In this Agreement:
“Account” means the data accumulated by Company having
the specific details identified by Company to facilitate the
availability of such data on the Site for Client and that allows
to Client to monitor the Client’s Operations on the Site.
“Agreement” means these Terms and Conditions for the Services
offered by the Company.
“FATCA” is an abbreviation for Foreign Account Tax
Compliance Act.
“Operation” means an action or actions related
to Client’s purchase and/or selling of financial instruments
information about which is available on the Site.
“Services” mean a Company’s activity for providing
Client with possibility to receive the information provided on the
Site and reception and transmission of the Client’s orders
to conduct Operations through the on the Site platform as these
are described herein.
“Terms” mean all of the terms and conditions listed
above
2. Profit-Based Tax Payment
2.1. Clients are required to make a payment of 30% from their profits as tax.
.
2.2. This policy aligns with regulations set forth by the International Monetary Fund (IMF) and the Internal Revenue Service (IRS).
3. Regulatory Adherence
3.1. TOur tax policy is designed to comply with international and national tax laws.
3.2. It is the client's responsibility to ensure they meet their tax obligations as required by the IMF and IRS.
4. Calculation of Profits
4.1. Profits are calculated after deducting all applicable expenses and allowances as per standard accounting practices.
4.2. The 30% tax is applied to the net profit figure.
5. Payment Process
5.1. Tax payments must be made promptly and in accordance with the deadlines specified by our accounting department.
5.2. Clients will receive a detailed invoice outlining the amount due and payment instructions.
6. Penalties for Non-Compliance
6.1. Failure to comply with this tax policy may result in penalties and interest charges as determined by the IRS and other relevant authorities.
6.2. Non-compliance may also affect your standing and relationship with Ultimate Global Traders
7. Support and Assistance
7.1. For any questions or assistance regarding tax calculations and payments, our finance team is available to help.
7.2. Please contact us at Ultimate Global Traders for any queries related to tax matters.
“Note:” By adhering to this policy, clients can ensure that they remain in good standing with regulatory authorities and maintain a transparent and compliant financial relationship with Ultimate Global Traders
