You are viewing a single comment's thread from:
RE: Need Help with Taxes on Crypyocurrency Trades?
Having to pay for each transaction you do where you have had profit seems like an insane amount of work. Especially if you are trading. Where I live we have to pay 33% on our profits, but only if we cash out (except if you trade a lot, than the tax is A LOT higher). I don't plan to EVER cash out to fiat. I believe in a short while everything can be paid for in crypto.
Your very fortunate.