Crypto has always been taxable, at leas tin the US. Just ask Roger Ver who is now facing a lot of trouble over his failure to pay taxes.
The idea crypto was tax free or exempt wasnt true.
Crypto has always been taxable, at leas tin the US. Just ask Roger Ver who is now facing a lot of trouble over his failure to pay taxes.
The idea crypto was tax free or exempt wasnt true.
I see. I don't think it is in the Philippines. But since we seem to be copying a lot of what the US is doing with crypto (Binance issues), we might be implementing something similar soon.