Hello, I'm from Canada, and I realize that traders from other countries will have some answers that are not necessarily applicable for me, but how do prop firms tend to handle taxation? The specific arrangement would likely consist of me putting up some funds, with the prop firm providing leverage on those funds (I have seen posters on this forum opinion that this is not a "true" prop arrangement). The reason I ask is that I'm giving careful consideration to some form of remote prop trading vs. trading with my own capital. I'm thinking about going the prop route once I am finished university because, quite frankly, I am undercapitalized. I ask the taxation question because I would like to better understand the relationship between a prop firm and the trader. I am starting to look into this, and would like some background on how the arrangement tends to work. Am I considered some sort of "employee" or consultant for the firm, with the firm withholding taxes? Or is a prop trader solely responsible for the tax issue? Thanks!! P.S. Any suggestions about the prop route would be greatly appreciated.