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Author Topic: Do I really have to pay taxes on crypto investments?  (Read 2423 times)
minereu.com.
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March 14, 2020, 01:18:41 PM
 #161

I heard that you can also prepare report on exchanges. is that true?

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OneMillion
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March 15, 2020, 04:56:07 PM
 #162

I heard that you can also prepare report on exchanges. is that true?
probably. I know I’ve read smth like that about Coinbase.
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March 15, 2020, 04:59:08 PM
 #163

I heard that you can also prepare report on exchanges. is that true?
probably. I know I’ve read smth like that about Coinbase.
yeah, and it also is regulated by the state, so they provide all the data about their users to IRS. That’s not what blockchain was about.

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March 15, 2020, 05:02:19 PM
 #164

I heard that you can also prepare report on exchanges. is that true?
probably. I know I’ve read smth like that about Coinbase.
yeah, and it also is regulated by the state, so they provide all the data about their users to IRS. That’s not what blockchain was about.
kinda breaks your heart..
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March 15, 2020, 05:05:05 PM
 #165

I heard that you can also prepare report on exchanges. is that true?
probably. I know I’ve read smth like that about Coinbase.
yeah, and it also is regulated by the state, so they provide all the data about their users to IRS. That’s not what blockchain was about.
kinda breaks your heart..
so this is why they sent those letters. right?
OneMillion
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March 15, 2020, 05:08:09 PM
 #166

I heard that you can also prepare report on exchanges. is that true?
probably. I know I’ve read smth like that about Coinbase.
yeah, and it also is regulated by the state, so they provide all the data about their users to IRS. That’s not what blockchain was about.
kinda breaks your heart..
so this is why they sent those letters. right?
yes. and it’s not just Coinbase. Kraken too. and others. but they do what they have to do. they are just forced by the government. 
PocketAces
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March 15, 2020, 05:11:16 PM
 #167

Naturally, people do not want to pay taxes, as this reduces their profit, in any activity.
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March 15, 2020, 05:14:40 PM
 #168

The tax is quite small in my opinion, so no one should hide the crypto.

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PocketAces
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March 15, 2020, 05:18:29 PM
 #169

In the meantime, everyone who makes decent money can very easily bypass the tax service. there are other countries where you can work with crypto as you like.
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March 15, 2020, 05:22:37 PM
 #170

Well, who wants to pay taxes?) I don’t think there are people who want to.

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PocketAces
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March 15, 2020, 05:27:22 PM
 #171

Well, who wants to pay taxes?) I don’t think there are people who want to.
It depends. In our country, with the majority of law-abiding citizens, the percentage of payment will be large.
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March 15, 2020, 05:30:09 PM
 #172

in no countries they want to pay taxes, they simply force and monitor it somewhere, but somewhere, in fact, they let it go by virtue of the mentality.
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March 15, 2020, 05:34:14 PM
 #173

It seems to me that there are definitely advantages to the legalization of crypto and even income taxes, if for all that, of course, this will not be accompanied by tough bookkeeping + the creation of IP with all the consequences …

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March 15, 2020, 05:38:27 PM
 #174

It seems to me that there are definitely advantages to the legalization of crypto and even income taxes, if for all that, of course, this will not be accompanied by tough bookkeeping + the creation of IP with all the consequences …
There are Pros, as well as cons, in any business. If now there are people who want to take away what you have earned (including law enforcement officers overlapping with the performance of their duties), then by legalizing work with crypts, the government will facilitate access to the establishment of such entrepreneurs by attackers and put them at risk.
1Excalibur
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March 15, 2020, 05:42:16 PM
 #175

The legislation is arranged in a way that laws contradict each other and it is not difficult to find violations. I think this was done on purpose. With taxes on crypto it will be the same.
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March 15, 2020, 06:04:25 PM
 #176

The legislation is arranged in a way that laws contradict each other and it is not difficult to find violations. I think this was done on purpose. With taxes on crypto it will be the same.
In fact, if the tax was taken only from profits and everything was fair, then I would agree to pay it.

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March 15, 2020, 06:08:03 PM
 #177

The legislation is arranged in a way that laws contradict each other and it is not difficult to find violations. I think this was done on purpose. With taxes on crypto it will be the same.
In fact, if the tax was taken only from profits and everything was fair, then I would agree to pay it.
Let us hope that this will be so, in any case, it would be honest and such a condition would indeed suit many.
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March 15, 2020, 06:11:12 PM
 #178

The legislation is arranged in a way that laws contradict each other and it is not difficult to find violations. I think this was done on purpose. With taxes on crypto it will be the same.
In fact, if the tax was taken only from profits and everything was fair, then I would agree to pay it.
Let us hope that this will be so, in any case, it would be honest and such a condition would indeed suit many.
If people were interviewed in any industry, I’m sure no one would want to pay taxes, but no one asks anyone, but they are forced to pay.
1Excalibur
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March 15, 2020, 06:14:15 PM
 #179

Taxes themselves are a very useful tool for the development of a joint life of society and everyone who does not want to pay taxes wants to live off those taxes that others pay, but this is not right, and this is subject to the fact that taxes are justified and work effectively.
PocketAces
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March 15, 2020, 06:17:46 PM
 #180

on the contrary, I would like to pay tax. After all, this is an opportunity to work legally. I don’t see anything wrong with the IRS guide.
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