This is how investors are affected by the tax declaration for compensation of gains and losses in cryptocurrencies Archives

Jul 15, 2022
Posted in Financial Literacy
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This is how investors are affected by the tax declaration for compensation of gains and losses in cryptocurrencies

The legal mandate to tax digital assets in this year’s budget speech was indeed a welcome and motivating move for the entire digital asset industry and the Web 3.0 market. While a flat 30% tax rate on profits from trading virtual digital assets (VDAs), announced by the Secretary of the Treasury, appeared to be a …

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