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RE: Daily Crypto Markets Live Blog: The Quest For 10K Comments Continues (06/09/22)

in LeoFinance3 years ago

That's no good. Here in our country, I actually have no idea :) But if we declare our income then we'd probably get taxed the same way as the usual taxes (10% and above depending on the net income level)

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Maybe worth looking into 😉🤓

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That's a great idea, thank you :)

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You are welcome.
Posted the Spain ones…

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Yes its good to know about other countries too

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Indeed… hope more will follow.

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So that means it will be clubbed based on your income level, which is somewhat ok than paying a flat 30% on profit and that too cannot club together with loss.

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I'm not sure if crypto tax works the same way as the regular incomes (I'll have to check). But it will be good if it does rather than the flat rate. It wouldn't be fair if you pay such tax rate and your loss aren't considered.

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