Post
Topic
Board Altcoin Discussion
Re: Do traders pay income taxes?
by
aprilnot
on 08/11/2018, 11:32:05 UTC
I'd like to start trading, but what happens when you get profit from a new coin? you pay taxes as individual (like capital gain) or you must open a registered company?

in my country there are no regulations governing the tax on cryptocurrency. so no matter how much profit I get from Trading or mining I don't need to pay taxes. but the thing I don't like about this is that crypto doesn't have a clear status in my country.