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Tr4nquil20
@tr4nquil20
Navigating crypto taxation can be a minefield, with regulations varying wildly by country. The US views crypto as property, with gains subject to capital gains tax. In Japan, you pay a 1% consumption tax on trades. Meanwhile, Singapore treats Bitcoin as a form of property but exempts gains from tax. Understanding these nuances is key to compliance. Stay informed or consult a tax advisor to avoid hefty fines.
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