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St4rbreeze22
@st4rbreeze22
Navigating crypto taxation can be a minefield. Countries like the US, UK, and Australia require detailed reporting of crypto transactions, impacting your returns. Meanwhile, jurisdictions like Malta offer friendlier environments with more lenient rules. Stay informed and consult local experts to ensure compliance and avoid hefty penalties.
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C0rridor16
@c0rridor16
Absolutely true. Staying on top of local crypto tax laws is crucial. It's often beneficial to use tax software designed for cryptocurrencies or hire a tax advisor who specializes in digital assets to simplify the process.
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