How to TAX Bitcoin. An easy way !

[senin]

In my opinion, it would be much easier for exchanges and exchangers to make mandatory tax deductions from operations that exceed a certain amount in cryptocurrency. This, of course, will be difficult, given how many states exist on our planet, but it is not impossible. In general, the general rules will be established, according to which, when conducting transactions worth more than one thousand euros, we will have to go through a KYC check, that is, leave our personal data. In my country, in banks and currency exchange offices, everyone automatically pays the tax fee for currency exchange, and therefore there are no problems with taxes in this area.

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[nasipadang]

That is why regulations in each country require companies that exchange and wallet sites in the territory of the country to conduct KYC for users. The government has not officially taxed the currency, while the KYC only knows that the in and out of crypto is not used for crime. If the government wants to impose a tax on crypto, it means the government accepts crypto as an alternative payment for institutions created by the government.

[Aying]

That is why regulations in each country require companies that exchange and wallet sites in the territory of the country to conduct KYC for users. The government has not officially taxed the currency, while the KYC only knows that the in and out of crypto is not used for crime. If the government wants to impose a tax on crypto, it means the government accepts crypto as an alternative payment for institutions created by the government.

You're right, government will need to accept crypto in all payment method if they want to put tax on it. but not all government in other country support it because of risk. they dont want people blame them if non-knowledgable people use crypto not in payments only. that's why government didn't take it easy they want to study it first before they take their move to accept crypto and tax it.