do you guys pay Taxes for profit?

[yeuskz999999]

Not yet. My country hasn't found a good way yet to tax our earnings that we make in crypto but soon they will and every one will have to pay taxes. Also I expect they will tell us to pay some back taxes on the profits which we have made from cryptos in the past which is where the problem will arise from.

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[zdvizh9090]

I have not yet tried to raise large funds, but I was interested in this issue and I was advised by an oswer bank for these purposes

[ibrarak92]

I think to charge taxes for crypto income is robbery, so I'm looking for various ways to circumvent taxes

[dmitrvlas86]

looking in what country you live, if the crypt tax is moderate, then there is nothing wrong with paying, but basically this is beyond the limits

[bamita133]

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.

[artemdubina88]

I live in Belarus and we have a fully legalized cryptocurrency and people do not have to pay tax on it )

[Coingram]

I dont pay any taxes and no one asked me to do so. How do they know where and how much I have earned, where my funds are located and etc...

[forutba]

All depends where you live, some countries dont take taxes, some take, in this year im in big minus so no taxes for me.

[xuv500]

Nope, as of now there is no tax levied on the crypto income for my country and there is yet to a plan proposed by the government and it is under process. Until my government levies tax I'm free from tax on the income earned in crypto and I can enjoy my profit. I think my country government is planning to impose a 15% to 20% tax on crypto income but not too sure whether that is true or will that be the tax fixed. Just waiting curiously for the announcement from my government.

[ADReHaJIuH4uK]

You pay taxes from salary you get but on the crypto market, you don't get salary, you make profit. So I don't think anybody here pays taxes for crypto, also it is difficult to track transaction for tax deduction purposes .                                       

[vbkfirf28.02]

   If you're a small trader and your income is below the tax threshold, you don't need to pay any income tax. If your income is even slightly higher, you should pay taxes to avoid problems.

[CLywaTeLb]

So far, I earn so little that I have nothing to go to the tax). Of course, when profits increase much, it will be better to pay taxes, especially since in my country this is a small part.

[SindiRokRok]

Hi.

i didn't traded so much of my crypto for FIAT so i didn't dealt with that question yet.

however i think it's an issue need to be dealt with.

1. do you use accounting services?
2.if so, do you keep documentation of all traded or bought coins?
3. what do you do in cases of profit from ICO's

WHAT SHOULD I DO??

I never use accounting service, because in cryptocurrency there is no such thing as tax. we are not taxed at all even though we have many coins. that's the good investment in cryptocurrency.

[IanKaramazov]

Hi.

i didn't traded so much of my crypto for FIAT so i didn't dealt with that question yet.

however i think it's an issue need to be dealt with.

1. do you use accounting services?
2.if so, do you keep documentation of all traded or bought coins?
3. what do you do in cases of profit from ICO's

WHAT SHOULD I DO??

Yes I do. I pay because I know it will benefit my country, which in turn benefits me and my family, and everyone I know..
You have made a lot of money. It is time to help others too, including your country.

[asweetgirl321]

No. I think this is a government conspiracy. I think that once they oversee the cryptocurrency. The regulated cryptocurrency will be worthless. Unregulated prices will take off!

[lolchina]

No because my country doesn't really respect their own tax laws and we are going to big hustle to avoid paying it,I for example payed 0 taxes so far It all depends from in wich country you are and what are the laws about crypto in it-for example my country regulators dont even know what bitcoin is

[StGermain]

I think that this is very unclear, in my country there is no legislation about cryptos and there is very little interest in following this issue from the government, so I don´t.

[clasifiedads]

Hi.

i didn't traded so much of my crypto for FIAT so i didn't dealt with that question yet.

however i think it's an issue need to be dealt with.

1. do you use accounting services?
2.if so, do you keep documentation of all traded or bought coins?
3. what do you do in cases of profit from ICO's

WHAT SHOULD I DO??

I never use accounting service, because in cryptocurrency there is no such thing as tax. we are not taxed at all even though we have many coins. that's the good investment in cryptocurrency.

I think that people should pay taxes ofor their fiat if they ever cash the money out from Bitcoin. The money is built by the government.

[bayarau]

Over the next few years, I do not plan to pay taxes on crypto currency, because in my country there are no laws regulating taxation from the crypto-currency market. And most likely these laws will appear only after a few years. Then it will be possible to return to this conversation. I will say even more, in the near future I do not plan to go to Fiat from crypto currency. Why lose profits?

[Corelianer]

If you can not pay. Yes, and while you have the amounts are not significant, you are not interesting. Relax.