Quote from: Sapphire915 on Today at 05:47:35 AM

Quote from: Cryptomiles1 on November 10, 2019, 10:57:19 PM

Quote from: Daniel91 on November 10, 2019, 01:46:12 PM

I would like to hear about the situation with bitcoin and taxes in your countries.
I think it would be interesting to hear different experiences and compare results across countries.
Of course, I understand that in some countries you can't declare bitcoin tax.
I'm not interested in these countries but the ones where it is possible to declare and pay bitcoin tax.
I will start first.
In Croatia, several years ago we received clear instructions from the tax office on how to file a bitcoin tax.
In short, we must lead FIFO and if we can prove that we held btc funds more than 2 years, than we don't need to pay tax (long term investment).
If we have kept btc funds for less than 2 years, we pay 12 % tax plus surtax.
Can you share situation in your country?

So far in my country were btc is not legally proven and acceptable as other countries does. No tax and you can invest in any platform without paying tax to government. But any other investment out of digital money required tax as the income is being generated.

Same here in my Country. We dont need to worry about this crypto taxation as for this moment because the Government didn't legalized it, yet. So I can say that we are greatfully enjoying our Crypto income and investment, unless we invested outside the digital world and we converted the crypto currency into fiat, just then we need to pay tax.

I think thats actually logical and normal Cheesy

I think a similar rule applies to almost all countries because they can't tax what is not officially recognized as money.
Of course, when the money arrives in your bank account, it's a completely different story.
I think I read somewhere that the EU government has given similar instructions to member states.