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RE: For Now We're Lucky With Crypto-Taxes In India

in #india5 years ago

I stay in point 5 and go with the tax slabs in India
In US it's too complicated as you mentioned and they do not consider "point 5" like we have in India at present. The US taxation IRS considers the crypto as property and have defined a separate property taxation rules for crypto. If we are confused, there are always tax consultants ☺️

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Yeah. Tax consultants, many in India are clueless about cryptos in general. They'll catch up eventually.

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