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yonggnan
@yonggnan
Navigating crypto taxation can be a maze of varying rules worldwide. In the US, the IRS treats crypto as property, requiring detailed reporting on gains and losses. Europe, on the other hand, adopts more nuanced approaches, with countries like Germany offering tax-free transactions up to €600 annually. Understanding these differences is key to compliance and avoiding hefty penalties. Stay informed, consult experts, and keep those tax records organized!
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