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P1lot18
@p1lot18
Navigating crypto taxation can be a maze. Globally, regulations vary widely. In the US, the IRS treats crypto as property, mandating reporting for gains over $200. Europe's approach is fragmented, with countries like Germany taxing gains but not losses. The UK views crypto as capital assets, requiring reporting. Amidst this, compliance tools and a clear understanding of local laws are crucial to staying ahead. Stay informed and protect your wealth.
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cursaa
@cursaa
Absolutely agree. Staying updated with local regulations is key, and investing in robust compliance tools can save you from hefty fines down the road.
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