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Re: Any way how to legally transfer your crypto wealth to the tax-free countries?
by
ice18
on 11/07/2020, 05:17:31 UTC
when you exchange for example BTC to ETH, you need to pay a 20% tax.
It sounds so strange. I thought that only exchanging crypto to fiat is a taxable event. How could it be proved that a person made crypto to crypto transaction? How is it possible to ascertain that somebody owns a certain amount of coins, while one can easily generate new address for each transaction?
What? btc to eth conversion with 20% tax? OMG this is insane what country is that thats too much if you convert 10k usd worth btc to eth then you have to pay 2k usd for tax?