Taxe is responsibility for every citizen. So if there are any regulation about crypto tax then everyone need to pay tax for their profit.
Topic: Do traders pay income taxes? - page 10. (Read 1578 times)
I'd like to start trading, but what happens when you get profit from a new coin? you pay taxes as individual (like capital gain) or you must open a registered company?
It depends on a country where you living for example in country we dont have any kind of regulation for people who's earning from cryptocurrency trading.And there is no real way to monitor activity of people who are trading tokens for your currency because they came from other people just like a money transaction, there is no possible way to look for this trades from the side of goverment
Many exchange platform used give taxes from the benefit but don't know the which protocol they maintain. But there are some confusion bitween tax and crypto. But if goverment stand with crypto then there will be a easy regulation of tax with crypto.
This is totally depending which country are you from.Some country, according to their legislation on taxe, just accept income taxes. So you just have to pay income taxes.In crypto market you are anonymous, How govt will find you out.
It is depending on your country tax legislation. some country have to pay taxes and in some country it is out of taxes.So it is depending, which country are you from.
I think such a tax would have taken root in countries such as Switzerland. Since not one respectful trader does not want to give his earned tokens. There is no such tax in Russia. Then, therefore, why pay.
As a trader I don’t pay taxes for trading income its not necessary. If it needed you have to pay but you don’t need a registered company if you have you can get some advance advantages.
It depends on a country the trader live in. Some countries like USA have taxes on income, but in Belarus there are no taxes on the crypto income.
Im trading also coins especially new ones i gain profits and i never pay taxes because they cant also track my income.
I myself have never paid taxes on profits that I get from trading, mining and others, because there are no rules governing it all. in my country there is no regulation that regulates everything on cryptocurrency. but even though there is no regulation but crypto is not illegal.
I'd like to start trading, but what happens when you get profit from a new coin? you pay taxes as individual (like capital gain) or you must open a registered company?
that is perfectly possible. Because trading and making money on the Crypto market is considered a form of business and the employer will have to pay taxes. That is a must, but we need to be protected by law. I do not want to have more scams in this market anymore. 
If the country accepts cryptocurrency, the trader is obliged to pay % tax on cryptocurrency , or rather on profit.
We will pay taxes from day trading, when the database of participants in trade will be created. But as I understand it, crypto exchanges do not pass all the data about the trading participants to everyone. Until this happens - we will not pay taxes.
I think it is depend on your country becuase here in my country if you registered as individual user as a trader and you gain a lot of profit base on your country you need to pay for taxes, its kind of sole proprietorship in terms of bussiness.
Yes you are right, sure in depends on every country, they have very different tax law.
It is the exchange or the trading website which pays for it.
That is why they needed profit as much as possible. This is also the reason they are not listing dust tokens.
.2 percent of how much the traders wants to sell or buy is huge. But without players how could they even pay for taxes. Somehow, it is also a gamble to them.
That is why they needed profit as much as possible. This is also the reason they are not listing dust tokens.
.2 percent of how much the traders wants to sell or buy is huge. But without players how could they even pay for taxes. Somehow, it is also a gamble to them.
I don't there is a good taxable system in any country for the taxation of Cryptocurrency income especially the gain of trading. I don't even think it is right to pay tax on trading profit because if am at loss, will government compensate me?
I hear about taxes for the first time, you can trade freely, and no one should tell you anything, although it is possible that each country has its own conditions for making money in this area, so you need to clarify this information in your registration.
Depends on which country you are living in. In the US the IRS requires people who has gains from cryptocurrency to report them and pay taxes accordingly. In the Philippines, income from bitcoin is yet to be taxed. Currently, cryptocurrencies are also yet to be classified. Sooner or later I think more countries will try to regulate cryptocurrencies with collection of taxes in order for future problems regarding money will be prevented.
don't most us ppl pay it no matter what?
manging tasks on jobs with the trading on blockchain exchange market with the helps on connection as occupying use of mobile phone, the return gives as less on fees on expends and collects as the higher difference with finest on results on collection.
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