Post
Topic
Board Legal
Re: Tax enforcement of Crypto in 5 Countries
by
jaocoincrypto18
on 25/07/2018, 04:25:35 UTC
Tax enforcement authorities from Australia, Canada, the Netherlands, the United Kingdom and the United States have have came together to form a Joint Chiefs of Global Tax Enforcement to tax the cryptocurrency. I think this will greatly decrease the prices of cryptos. Read More: https://shuftipro.com/blogs/international-tax-body-curb-cryptocurrency-based-tax-evasion/ What you suggest?

Maybe it will decrease but this is normal tax policies as everyone in the world are paying tax from fiat earnings so i think it shall be the same in Crypto currencies earnings too. This is the consequence if we want Bitcoin will be declared legal in a central country in which it will require every citizens to pay Bitcoin tax as income tax but this is no issue to me as long as the Bitcoin users will be fully protected specially from the scam investments.