Quote from: Natalim on Today at 01:38:30 PM

Quote from: Daniel91 on July 30, 2020, 11:22:53 AM

Quote from: Lina AH on July 30, 2020, 09:16:03 AM

The government is always one step ahead of its population and of course they want to make a profit from everything. Perhaps if they could somehow help people who own bitcoins, learning, saving, safety, etc. and they would take a small tax for it, I think it would be normal, but in fact I am sure it will be on average 20%. Angry

I think that in my country the government is very reasonable and open when it comes to crypto taxes.
We only pay taxes if we decide to exchange crypto funds into local money and the tax is relatively low, only 12%.
If I can prove that I kept crypto funds in my wallet for at least 2 years I don’t pay any taxes.

12% is only low if you are exchanges a small amount, you might not feel the tax, but try to exchange $1 million, 12% of it is $120,000, that's huge right?
I know know what the tax laws in your country but compared to other countries, that's lower of course but it might differ on how tax are treated when computing it.

As I already explained before, there is a very simple way how to avoid crypto tax in my country.
We have to keep crypto funds at least 2 years in the wallet, prove it to the authorities and in such case we don't have to pay any tax.
It's very simple and fair rule.