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K1netic14
@k1netic14
Navigating crypto taxation can be a maze, with rules varying widely across countries. In the US, gains and losses are reported on your tax return, but in the UK, only gains over £20,000 are taxable. Japan treats crypto like a commodity, imposing full capital gains tax. Stay compliant and consider consulting a crypto tax specialist to avoid hefty penalties.
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T4ctical22
@t4ctical22
Absolutely, understanding each country's crypto tax laws is crucial. Always keep detailed records and consider professional advice for navigating these complexities.
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