See it as you would be a freelancer, and you participated in that project. It would be logical if income tax would apply to it.
Right, we can be categorized to freelancers if we earned from crypto whether it's from trading or bounties. Since there is no perfect law yet about crypto's, it can be served as online income that will go down to that category. 
Topic: Do I have to pay taxes for Bounty and other - page 2. (Read 275 times)
I'm aware about this issue and question has been raised all over the forum before.
I believe its a form of an income, for the marketing you've done for them.
See it as you would be a freelancer, and you participated in that project. It would be logical if income tax would apply to it.
Where I live, I would need to pay income tax and healthcare contribution, and that's all. However, that checks out for 29%, which is a LOT.
If I will get plenty of earnings from bounties, it would be worth it to move to Germany or Denmark for that zero tax on bounty money.
I plan to do that because of my studies anyways, and that 0% tax is really convincing.
See it as you would be a freelancer, and you participated in that project. It would be logical if income tax would apply to it.
Where I live, I would need to pay income tax and healthcare contribution, and that's all. However, that checks out for 29%, which is a LOT.
If I will get plenty of earnings from bounties, it would be worth it to move to Germany or Denmark for that zero tax on bounty money.
I plan to do that because of my studies anyways, and that 0% tax is really convincing.
I'm interested in the question - "Do I have to pay taxes for Bounty and other income in the crypto currency"? For some time I have already taken part in the Bounty, I have already deduced the money more than once and now I have asked myself this question. I understand that different countries have different laws, so I will clarify that I live in Russia. As far as I know, the crypt in Russia is not yet legalized,
so I think that it is not necessary to pay taxes, but on the other hand it's also income, and taxes pay taxes on income.
Who is aware of this issue, please write your answers. I would be very grateful.
This infomation are not clear and i think the Russian Goverment will realease the clear policy soon. If this rule come true, i think the advantage of blockchain will disappear. Crypto must without taxes.so I think that it is not necessary to pay taxes, but on the other hand it's also income, and taxes pay taxes on income.
Who is aware of this issue, please write your answers. I would be very grateful.
No need to pay tax now but very soon you will pay them. And even if you want to pay the tax, under which category are you paying it?
I'm interested in the question - "Do I have to pay taxes for Bounty and other income in the crypto currency"? For some time I have already taken part in the Bounty, I have already deduced the money more than once and now I have asked myself this question. I understand that different countries have different laws, so I will clarify that I live in Russia. As far as I know, the crypt in Russia is not yet legalized,
so I think that it is not necessary to pay taxes, but on the other hand it's also income, and taxes pay taxes on income.
Who is aware of this issue, please write your answers. I would be very grateful.
so I think that it is not necessary to pay taxes, but on the other hand it's also income, and taxes pay taxes on income.
Who is aware of this issue, please write your answers. I would be very grateful.
I think soon will be the day when Russia will introduce a tax on the withdrawal of money. Once the question of legalization has been raised, it will be 100% tax introduced!
You dont need to pay any taxes for your bounty tokens.
you just need to be ready for the transfer fees.
if the token arrived on your ERC20 wallet you need to ready 0.002 ETH or less.
then once traded on exchange you need to pay again another fee from that exchange to your private wallet
you just need to be ready for the transfer fees.
if the token arrived on your ERC20 wallet you need to ready 0.002 ETH or less.
then once traded on exchange you need to pay again another fee from that exchange to your private wallet
Why don't you ask on russian local board instead on here?
I'm interested in the question - "Do I have to pay taxes for Bounty and other income in the crypto currency"? For some time I have already taken part in the Bounty, I have already deduced the money more than once and now I have asked myself this question. I understand that different countries have different laws, so I will clarify that I live in Russia. As far as I know, the crypt in Russia is not yet legalized,
so I think that it is not necessary to pay taxes, but on the other hand it's also income, and taxes pay taxes on income.
Who is aware of this issue, please write your answers. I would be very grateful.
I think Russian government is already announced it will be legalised in soon. So they plan for taxes in future not now if you have more dought you should visit the Russian taxes site. But if you participate in bounty program you will not earn know it take more than 6 months so that day Russia is legalized in cryptocurrency you will pay some taxes. so I think that it is not necessary to pay taxes, but on the other hand it's also income, and taxes pay taxes on income.
Who is aware of this issue, please write your answers. I would be very grateful.
I'm interested in the question - "Do I have to pay taxes for Bounty and other income in the crypto currency"? For some time I have already taken part in the Bounty, I have already deduced the money more than once and now I have asked myself this question. I understand that different countries have different laws, so I will clarify that I live in Russia. As far as I know, the crypt in Russia is not yet legalized,
so I think that it is not necessary to pay taxes, but on the other hand it's also income, and taxes pay taxes on income.
Who is aware of this issue, please write your answers. I would be very grateful.
so I think that it is not necessary to pay taxes, but on the other hand it's also income, and taxes pay taxes on income.
Who is aware of this issue, please write your answers. I would be very grateful.
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