Post
Topic
Board Altcoin Discussion
Re: Do traders pay income taxes?
by
bedford1972
on 12/11/2018, 09:50:34 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?
It is good that in my country there is no mandatory taxation on such activities. However, earning in this market, you will still give a small percentage of different actions. Interest will be charged for trading on exchanges, transactions between accounts and conversion to Fiat money. If you live in a country loyal to such activities, then you are very lucky)) the Deduction from your earnings will be limited only to these small percentages Smiley