Post
Topic
Board Beginners & Help
Re: Signature campaigns and taxation.
by
cryptoaddictchie
on 03/12/2021, 03:16:55 UTC
I see so many people wearing signatures these days.
How do you state the cryptocurrency income from signature campaigns in your tax return? The tax authorities in Europe want to provide them with a document for the purchase of cryptocurrency, I guess it's the same for USA & Canada with the AML laws.
Actually it's gonna be hard since you dont purchase the btc or token reward for that hence earned it through services you gained from signature campaign. But those btc earned in our country can be taxed byan app which we used. So maybe that would be the way to track that. Comparing to European countries that are advanced most likely it will take time for us to do the same since we lack such knowledge yet or process about cryptocurrency.