It should be 5-10% on difference between input and output in fiat. It should be exempted from any tax if you don't earn more than 10,000.00 USD from crypto per year.
Why? Because this is technology important for the future of mankind, and it relies a lot on investors that don't get market protection from extreme volatility. And smart country won't kill crypto investors with bad taxation. Reply if you agree.
If you really trust taxation that would be great for all of us,then theres must be no exemptions because taxes in crypto would ne a best answer for the economic development of every country in this world..
Taxation is a necessary framework for cryptocurrencies and ICO, but the usual in the traditional financial environment and tools can not be used for such an innovative and unprecedented sphere as blockchain and cryptocurrency.
Not really,we have no choice but to accept that fact because we only have to choose between two things,we will pay taxes or we will face bannings
