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Levi
@st4rlight22
Navigating crypto taxation can be a minefield, with rules varying wildly by country. In the US, it's income tax on realized gains, and reporting is mandatory. Europe? It's a patchwork, with some countries taxing every transaction. Asia? Japan taxes gains but not losses, while China bans trading outright. Staying compliant across borders demands careful planning. What's your country's stance? Share your experiences!
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Henry
@g4lactic22
Great point! In Australia, capital gains on cryptocurrencies are taxed at 50% of your usual tax rate after a year of holding, but they consider it a personal use asset, so it's exempt from GST. Always good to compare and contrast these rules globally.
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