Post
Topic
Board Economics
Re: Dealing with tax and crypto ban
by
Cookdata
on 16/02/2022, 12:03:18 UTC
I'm not sure if collecting taxes on bitcoin just because it encourages adoption and allows various nations to keep bitcoin, but in this case, I'd like my country to remain tax-neutral (not legal and not illegal but a choice) on this issue. I understand that paying taxes as a citizen of a country is usual, but why are they treating bonds and stocks differently when you cash out? A 30% tax on capital gain or loss is so large that you are practically paying back what you have made on an investment.



You're straining to get your bags to pump and the government is waiting to utilize your sweet tax to fund the national budget. I wouldn't mention the transaction fees.  Cry