SHOCKING CRYPTOCURRENCY TAXES ALL OVER THE WORLD !!

HELLO UPTRENNDIANS


there are many of the most trouble nations in the world where cryptocurrencies are banned. but there are also many countries where trading is totally  legal. i done some research about taxes on cryptocurrencies and you will suprise to know it


CRYPTOCUURENCY TAXES IN AUSTRALIA


if austrailian resident holds cyrptocurrency more than 12 month without sellling or trading it then he must to pay 50% capital pay discount.


CRYPTOCURRENCY TAXES IN GERMANY


if you own cryptocurrency more than a year then you have to pay 45% tax for all apllies of gain.




CRYPTOCUURENCY TAXES IN AMERICA


american have to pay  tax every time when they buy or trade cryptocurrency. and if american holding cryptocurrency more than ayeart than he have to pay long term capital gain tax.


CRYPTOCURRENCY TAXES IN FRANCE


french tax authority  applies 19%  cryptocurrency short gain taxes on their residents


CRYPTOCYYRENCY TAXES IN SWEDEN


in sweden, 30% capital gain tax applies on any sale or exchange of cryptocurrency


THANK YOU FOR READING 




SOURCE LINK : https://images.app.goo.gl/1TeKhfynb4NFN89U8

COMMENT

25

preview not available Busola Akinlolu
13 Oct

Wow, this are some very good research you done about tax, i know many crypto adopted countries do pay taxe but never knew to what extent, thanks for bringing this information to us,you're doing excellent here.

5 REPLY

24

preview not available Victoria Haruna
13 Oct

This is great info. Was never aware of crypto taxes. I have no idea what my country holds in respect to this.

I also find this tax rules fascinating. However, who are the tax paid to??? The government?

4 REPLY

23

preview not available Hafsa M
13 Oct

yes when cryptocurrency legalized by government they put some taxes on it

2 REPLY

24

preview not available Victoria Haruna
13 Oct

This is really interesting indeed. I would do more research on it.

0 REPLY

12

Isabelah Mushabire
14 Oct

wow this is so interesting. unlike other countries here in Africa that have consistently said no to cryptocurrencies, my country Rwanda is in the process of having her own cryptocurrency, and yes of course in the long run they may impose taxes too.

3 REPLY

19

Jae Subramoney
28 Feb

Fascinating! It would be so Great if Rwanda had her own Cryptocurrency. Africa should lead the way in this. I believe you guys have double digit GDP growth, so clearly you're doing something right. But the taxing crypto drives me nuts. Here in South Africa they're also looking at imposing taxes on it. Please write up an post about the Tax and Crypto situation in Rwanda. I'd love to learn more.

0 REPLY

20

Hassan Ahmed
13 Oct

Great Information 👍

2 REPLY

10

Snow Under Sun
14 Oct

Also have crypto tax in here, Thailand since 2017. VAT and witholding tax. Well detailed investor protected and license based regulations but also have tax. 

2 REPLY

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