I don't think we should pay taxes at all. Though that won't work since you need tax to build and maintain infrastructure. I don't think crypto should or can be taxed unless it becomes fiat. Why should we pay tax on something we created for ourselves? One day people will appoint a new way of doing things where you don't pay tax but rather fees for everything you do. YOu invest in the infrastructure instead of mindlessly tossing money to the government to waste.
In some countries paying tax almost feels like the wrong thing to do since you know what they will do with it. Buy themselves a new car and house.
In some countries paying tax almost feels like the wrong thing to do since you know what they will do with it. Buy themselves a new car and house.
Mostly I can agree with you.
If you just trade with btc or hold btc funds in the wallet I don't think we have to pay taxes.
But, if you exchange crypto to fiat or even pay directly some services with crypto it's different matter.
In second case you should pay tax.
Daniel, in which country are you living? I think that these are excellent conditions. It seems that your government is promoting holdings in crypto assets. In EU and US you need to pay high taxes on capital gains.
I live in Croatia.
Yes, I agree that our government and state have given us good terms as far as the crypto tax is concerned.
We only pay 12% tax and only if we exchange crypto for fiat money.
If we keep crpto for 2 years in the wallet we do not pay any tax.
I think these are very reasonable and fair rules.
Since last year, we have even had the opportunity to sell bitcoin directly in state post offices
