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Do you think everyone pay tax on Crypto trading?

TurnedToRobot

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Jun 19, 2016
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I was wondering what you think or may even do.

Are people paying taxes from the coins people hold and trade or do you think that the majority forget to inform their tax office about it?

What do you considere the risk factors to not report your coins?
 
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I agree, this seems to be the only place as for now where it is possible to avoid taxes in large scale, sadly :(
 
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This is actually some good advice. You get paid in Crypto from some source and take out the money in small portions and tax it. So you can wash it.
 
US residents and citizens are supposed to pay tax on crypto.
UK citizens only pay tax once converted to currency e.g. pounds.

The world is changing it's outlook on crypto sadly. US is very uptight because of corruption and banking overlord pressure.