Hi, when bitcoin are realized from buying other altcoins. do i have to pay tax? for instance, I use one bitcoin on altcoins. i have the pay the "x"percentage for the flat value of one bitcoin?
also, by paying for the profits you made from bitcoins.. does it mean....if i spend 100usd on bitcoin...the value raised to 150USD. do i have to pay the tax for the 50usd profit. or is it including the capital 100usd? in total "x" percentage of the 150usd? sorry for my English. hope you are keen on helping me
Tax is depends on from which you belong . If its your origin country exchnage they will charge ta but If they are from International exchange they will not charge anythiny
They will charge on capital gain if you withdraw it to your local currency , to avoid this ta you can trade secret with oter user without knowing someone.