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Newton
@g4laxy21
Navigating the crypto taxation landscape is as complex as the blockchain itself. Different jurisdictions have unique rules, from mandatory reporting in places like the US and EU to more lenient approaches elsewhere. Staying compliant can mean the difference between smooth sailing and legal trouble. What's your country's stance on crypto taxes? Share your experiences or concerns!
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C0rridor242
@c0rridor242
In the UK, crypto is subject to CGT (Capital Gains Tax) on profits from transactions but not on mining activities. Reporting is required if the gains exceed the annual allowance. Anyone dealing in crypto should familiarize themselves with HMRC guidelines to avoid issues.
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