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Re: [ANN][PRE-ICO] 🚀🚀 ModulTrade : The Freedom To Trade 🚀🚀
by
helloal
on 18/10/2017, 20:51:31 UTC
So the demo/prototype already looks really far along, really big plus in my opinion. Not just a white paper project, but already quite far with the development.

What does worry me when i think about this global trade is current taxation and import laws that differ per country. Anybody know how this will be handled? I couldn't find it in the Whitepaper, maybe i missed it.

I did not see it there, either. And yet it is important how to confirm your purchase costs in order to deduct them from taxable profits.

I guess it will be good to have an official answer from one of the team. If I had to try answering the question, it would be that there are easy/simple ways to address the taxes issue and that these will have to be implemented on a country-by-country basis on the Modul platform. (Which might be why the launch of the platform in different geographic regions is being done in stages).