🎯Crypto tax laws vary from country to country, so it is important to be careful when trading, purchasing products and services, and withdrawing cryptocurrencies.
🇺🇸In today’s video we run you through how the US implements a crypto taxation system, through income and corporate tax, and 10 crypto tax haven countries.
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📌Timestamps
0:24 Crypto news life hack
0:48 How do crypto taxes work?
1:18 Capital gains in crypto
1:53 When is crypto taxed?
2:47 Taxable and non taxable crypto events
3:30 Crypto tax havens
3:44 Germany
4:22 Belarus
5:15 El Salvador
5:33 Portugal
5:58 Singapore
6:24 Malaysia
6:37 Malta
6:49 Cayman Islands & Puerto Rico
7:08 Switzerland
ℹ️Resources
Learn more about taxes:
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💣 Disclaimer
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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📌Timestamps
0:24 Crypto news life hack
0:48 How do crypto taxes work?
1:18 Capital gains in crypto
1:53 When is crypto taxed?
2:47 Taxable and non taxable crypto events
3:30 Crypto tax havens
3:44 Germany
4:22 Belarus
5:15 El Salvador
5:33 Portugal
5:58 Singapore
6:24 Malaysia
6:37 Malta
6:49 Cayman Islands & Puerto Rico
7:08 Switzerland
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Learnt a lot
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Very informative videos on crypto taxes, but I read somewhere that you can keep holding your cryptos profit longer and cash out after long time to get away from crypto taxes. Hold until your short term gains turns to long term, this way you need to pay less tax. Enjoy the tips.
I never got an idea of Crypto taxes but now I can learn more
Countries can generate some revenue from Cryptocurrency in form taxes. But in situations where a country says no to Crypto for example; Nigeria how would they get tax revenue?
It's okay to have crypto tax but it should not be a problem or a burden for crypto traders/users. However, it's better if we live in a crypto tax free country.
Great information about the legal rules and issues, currently I don't have to pay taxes but who knows in future maybe I should? This video is going to help all those peoples who are confused about tax laws in crypto.
Wow very nice information about crypto thank you for the information about crypto currency i learned a new information about crypto thank you! Lets hype and share this video!
This is lovely keep it up
An informative video
#7 ! Been following this series since the beginning love the updates man!
Greatt!!! Thankss
That's serious you know . Quiet interesting to check out to know crypto taxes.
It real money profit is awesome
Wow this is interesting
I didn’t know much about Taxes in crypto currency, thanks satoshi club
Even so, crypto Monetary policies on taxes are odd
I have learned in recent months is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. i advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. The market is very unstable and you can not tell If it's going bearish or bullish. while myself and others are trading without fear of making a loss others are being patient for the price to skyrocket,i would say trading has been going smoothly for me, I started with 1.3 BTC and i have accumulated over 10 BTC in just three weeks, with the trading strategy given to me by expert trader Donald Smith
Crypto tax is nice
Thanks for this update
Wonderful work