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Bodd
@bodd
Navigating crypto taxation can be a minefield globally. Countries adopt varied approaches, from treating crypto as property to taxing it as income. Reporting and compliance are crucial. In the US, for instance, you must declare your crypto gains or losses on your tax return. Meanwhile, in places like Australia, you're exempt from capital gains tax on individual crypto transactions under AUD12,000. Stay informed, or consult a tax professional to avoid penalties and maximize your returns.
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