Post
Topic
Board Altcoin Discussion
Re: do you guys pay Taxes for profit?
by
9000
on 17/06/2018, 22:23:47 UTC
Hi.

i didn't traded so much of my crypto for FIAT so i didn't dealt with that question yet.

however i think it's an issue need to be dealt with.

1. do you use accounting services?
2.if so, do you keep documentation of all traded or bought coins?
3. what do you do in cases of profit from ICO's

WHAT SHOULD I DO??

Cryptocurrency is not regulated yet in my country. I don't have to notify any state organizations of my profit. The only problem is that from 1st of July, banks officially will be obligated to inform the state about unknown transactions.