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Topic: Do I really have to pay taxes on crypto investments? - page 25. (Read 2483 times)

newbie
Activity: 98
Merit: 0
in the stock market everyone pays taxes, but the crypt nevertheless follows the path of legalization, there is nothing wrong with that, it is a matter of time.
newbie
Activity: 140
Merit: 0
Member
I don't quite understand the mechanics of how they are going to track cryptocurrencies, except through exchangers somehow, but you can get around this in various ways if you wish.
newbie
Activity: 140
Merit: 0
It is more likely that the demand for trade through US exchanges will fall, rather than cryptocurrencies.
This was to be expected after the introduction of futures, now everyone wants to have a share of the pie.
newbie
Activity: 98
Merit: 0
It is more likely that the demand for trade through US exchanges will fall, rather than cryptocurrencies.
newbie
Activity: 112
Merit: 0
hey guys! can anyone explain what’s the deal with those irs letters? theyre like really bad news…
according to an IRS press release, the regulator sent out letters to taxpayers who did not register cryptocurrency transactions, thus notifying them of the need to report capital gains for previous tax years.
everyone who has something to do with crypto now has to pay taxes. miners, traders, exchanges. Literally everyone.
Well, this applies only to American exchanges and only traders who are citizens of America. Although those exchanges have large volumes, the whole world trades there.
newbie
Activity: 112
Merit: 0
hey guys! can anyone explain what’s the deal with those irs letters? theyre like really bad news…
according to an IRS press release, the regulator sent out letters to taxpayers who did not register cryptocurrency transactions, thus notifying them of the need to report capital gains for previous tax years.
everyone who has something to do with crypto now has to pay taxes. miners, traders, exchanges. Literally everyone.
newbie
Activity: 140
Merit: 0
Member
hey guys! can anyone explain what’s the deal with those irs letters? theyre like really bad news…
according to an IRS press release, the regulator sent out letters to taxpayers who did not register cryptocurrency transactions, thus notifying them of the need to report capital gains for previous tax years.
newbie
Activity: 112
Merit: 0
hey guys! can anyone explain what’s the deal with those irs letters? theyre like really bad news…
newbie
Activity: 98
Merit: 0
Can anyone explain to me how exactly crypto tax is paid for non-American residents?
Under our US law, cryptocurrency is considered a kind of property. When selling property (in this case, a cryptocurrency exchange transaction in which income is generated), the tax is paid in accordance with the law of the state of the United States where the seller is located.
If we consider cryptocurrency as a special property, for example, a quasi-security, then yes, the tax is also payable by a non-resident if it occurs in the United States (as in this case).
newbie
Activity: 112
Merit: 0
Can anyone explain to me how exactly crypto tax is paid for non-American residents?
Under our US law, cryptocurrency is considered a kind of property. When selling property (in this case, a cryptocurrency exchange transaction in which income is generated), the tax is paid in accordance with the law of the state of the United States where the seller is located.
newbie
Activity: 140
Merit: 0
Can anyone explain to me how exactly crypto tax is paid for non-American residents?
newbie
Activity: 98
Merit: 0
I think that regulation is a good thing. By and large, there is nothing wrong with that.
Each game should have its own rules. Of course, it’s cool when you can not pay profit taxes and invest without intermediaries, but the lack of game rules scares off many large investors who want to receive guarantees of the safety of their money.
Big money will not go into the sphere in which there is no regulation and rules. If the states can really pass legislation quite loyal to users, then it is likely that many ICO projects with prospects for the future will appear in the United States.
newbie
Activity: 140
Merit: 0
Member
I think that regulation is a good thing. By and large, there is nothing wrong with that.
Each game should have its own rules. Of course, it’s cool when you can not pay profit taxes and invest without intermediaries, but the lack of game rules scares off many large investors who want to receive guarantees of the safety of their money.
newbie
Activity: 98
Merit: 0
I think that regulation is a good thing. By and large, there is nothing wrong with that.
newbie
Activity: 112
Merit: 0
Bitcoin itself is worthless if there is no bidding.
newbie
Activity: 112
Merit: 0
Of course, it is necessary to regulate cryptocurrency, but it must be done on a reasonable scale. Of all these regulatory methods, I did not like customer verification (KYC), it seems to me that verification should be done only by large investors who make a huge number of transactions.
Large investors just do not get angry.
What exactly do you want to regulate in crypto? Bitcoin is free to use and no one can freeze your coins and transactions - what does not suit you?
on thieves' exchanges you can easily freeze bitcoin, and appropriate it for yourself.
newbie
Activity: 140
Merit: 0
Of course, it is necessary to regulate cryptocurrency, but it must be done on a reasonable scale. Of all these regulatory methods, I did not like customer verification (KYC), it seems to me that verification should be done only by large investors who make a huge number of transactions.
Large investors just do not get angry.
What exactly do you want to regulate in crypto? Bitcoin is free to use and no one can freeze your coins and transactions - what does not suit you?
newbie
Activity: 112
Merit: 0
Of course, it is necessary to regulate cryptocurrency, but it must be done on a reasonable scale. Of all these regulatory methods, I did not like customer verification (KYC), it seems to me that verification should be done only by large investors who make a huge number of transactions.
Large investors just do not get angry.
newbie
Activity: 140
Merit: 0
Of course, it is necessary to regulate cryptocurrency, but it must be done on a reasonable scale. Of all these regulatory methods, I did not like customer verification (KYC), it seems to me that verification should be done only by large investors who make a huge number of transactions.
newbie
Activity: 112
Merit: 0
Look at how widespread Bitcoin is, there are a lot of cryptocurrencies and transactions carried out when paying for purchases with Bitcoin and taxes are paid in Bitcoin, and most importantly - there are companies that successfully operate in the market and do not have problems, for example, bitcoin. And the infrastructure that is being created now - markets, storage facilities, banks, etc. is well known to everyone.
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