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RE: Vlog 197: Taxes and the STEEM blockchain - A tough puzzle.

in #life6 years ago

here(in Canada) it is considered a commodity and we pay capital gains when we sell them(50% of the amount is taxable. In the case of Steem, it's easy, it's a capital gain with a zero cost basis...so no deduction.

1.3% is legit.

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Wow 50% is a serious amount. I'm beginning to realise the Netherlands is a good place to be when it comes to capital gains.