do you guys pay Taxes for profit?

[montreal]

Documents are important. I always keep the proofs of different transactions cause there are different situations in life. And money from ICOs I invest in new projects.

[Cynooza]

I do not. Cryptocurrency is the grey zone in my country, so luckily governments have not interfered in that sphere yet. Alsom I'm against taxation in general.

[Way2Paradise]

it is important to pay tax and to document everything. the authorities are catching up and soon know everything about crypto.

but that can of course be different from country to country.

[kingzpro]

Not all countries have implemented taxes on the cryptocurrencies yet, in my country they do not understand what blockchain technology is so they have classified all the cryptocurrencies as illegal, they think bitcoin is same as onecoin.lol

[boyjackyou]

Nope not paying taxes as of the moment our country doesnt require people of paying taxes,which is why i am getting my mining profits fully without any taxes or cut from the government.There are only few countries left that doesnt have regulations or restrictions regarding cryptocurrencies which is we should be enjoying the moment that we have.

[mangkanor]

Nope not paying any taxes as of now,theres no regulations in our country which is why we are still be able to cashout without any restrictions.That is why i am doing a lot of things using cryptocurrencies,mining bountyhunting and trading are the ones that i am doing which is why its much easier for me to get some cash thru cryptocurrencies.

[EleGiggle]

thanks god my country is not educated enough to control cryptocurrency 

[tinof]

It all depends of the country you are based and the bank you are withdrawing money from. If you use a bank in European countrie, you have to pay tax.

[djgtr]

I do not pay any taxes because in my country there is no legislation to regulate this type of activity.

That's real for sure but regarding taxes,it doesn't have a regulation in my country as well when it comes to bitcoins' situations through the years. Taxes for profit- if they insist,is somewhat a heavy feeling for everybody because we used to have no profit base in crypto currency except we purchase something when using or changing it to fiat. In other words, there's no taxes for profit.

[Greenrace]

for some coins trading countries legalized so I think the trade was already taxed but that's only for sales that are via ICO and not for coins earned from bounty

[chokomenia]

Well I don't pay taxes in my country where i can African we don't really pay taxes because the government is not trying so why go waste your money yo give it to people who will waste the money through corruption etc.

[aquantivis86]

Yes like any investing hire an accountant and keep track of everything. This is a place where paying a professional is a good idea.

[Nitroali]

I don't pay taxes because crypto are not a security (at least in my country) and because all my profits are virtual and  in crypto .

[Aleksandracern1]

at the moment in Russia there is no need to pay taxes on profits, it will change soon, but now everything is fine and I hope it will be same in the future

[jundel]

Indirectly not taxes but the exchanges and wallet pay for it if they are registered in theyre government. We users just deducted upon any transaction we do each action or transaction.

[CriptoNata]

I have not yet made a conclusion in real money from the crypto-exchange. But I think very few people pay in our country tax on this

[ice098]

I have not yet made a conclusion in real money from the crypto-exchange. But I think very few people pay in our country tax on this

No i never yet experience paying for taxes in my profit maybe, i think there is no tax to pay because cryprocurrency is not into government. Paying taxes if crypto owner allow goverment to have law to it, but since the law of the government is not yet in crypto, so that were not paying tax in our profit.

[tumokatok]

As of now, No. Since tere is no policy with our government and this cryptocurrency is considered as remittance. But sooner, rules may change and cryptocurrency income will be taxed in my opinion, but not now or in a year or two.

Maybe you can hide your profits not to be seen by tax people. And of course not in my country, there is no tax for bitcoin players, so safe there is no cutting profit, but chances are in some big country I hear them apply tax for those who get profit from playing bitcoin

[kevindjunaidi]

yes, I pay tax every month from the profit I get in crypto.

[Boristhecat]

nope, depending on where you live because each country has its own rules, and for myself there is no such regulation in my country, but if needed I will do for my love cryptocurrency.

In my country this issue is also not regulated at the moment, but even if it were regulated, I would avoid paying taxes.