Post
Topic
Board Altcoin Discussion
Re: Do traders pay income taxes?
by
manbota
on 08/11/2018, 14:38:15 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?

I believe that you need to pay taxes in the event that the country legalized cryptocurrency and provides clear conditions for the payment of taxes. But another question - today, only some countries have legalized cryptocurrencies, in the remaining cases, traders are forced to work without any legal norms.