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instaxxx
@instaxxx
Navigating crypto taxation can be a minefield. Globally, regulations vary widely. In the US, the IRS treats crypto as property, requiring detailed reporting on gains and losses. Meanwhile, EU countries like Germany and France view it more as a financial asset, applying capital gains taxes. India levies a 30% tax on short-term gains. Understanding your local laws is crucial to avoid hefty penalties and ensure compliance. Stay informed and seek professional advice!
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