Crypto Taxes in the US: An In-Depth Guide
Crypto taxes in the US are as follows – You pay short-term or long-term capital gains taxes on selling, spending, swapping or disposing of your crypto and income taxes on crypto you receive as income. Even though the crypto taxation laws in the US aren’t perfect, they are certainly...
Crypto Taxes in the UK: An In-Depth Guide
Crypto taxes in the UK are pretty similar to that of the US – Capital gain taxes on disposal of cryptocurrency and income taxes on crypto received as income or revenue. There are, however, some key distinctions between the two kinds of transactions. More importantly, it’s critical to understand...
Crypto Taxes in Brazil: An In-Depth Tax Guide
Crypto taxes in Brazil are in the middle of a controversy right now due to a new tax reform that many think is unconstitutional and outright illegal. But to understand what went wrong, first, we must understand the basics. In Brazil, crypto gains are taxed under capital gain taxes,...
Crypto Taxes in South Africa: An In-Depth Guide
Crypto taxes in South Africa are simple and confusing at the same time. It may seem straightforward on paper, but once you get into the details and nuances, things change. In South Africa, crypto is taxed under capital gains and income tax rates, depending on the nature of the...
Crypto Taxes in Malaysia: An In-Depth Tax Guide
In a recent list of top 10 crypto tax-free countries, Malaysia was ranked #5. Even though crypto taxes in Malaysia, for the most part, are non-existent, there are some exceptions. You’re liable to income tax rates in Malaysia if you day trade crypto or receive crypto as income. This...
Crypto Taxes in Japan: In-Depth Tax Guide
Japan is considered to have some of the worst crypto tax laws around the globe. But what is it about crypto taxes in Japan that makes it bad? In Japan, you pay income tax rates on crypto gains and earnings. To understand how this tax treatment for cryptocurrency is...
Crypto Taxes in Sweden: The Complete Tax Guide
Does Sweden tax cryptocurrency? The answer is – yes. Crypto taxes in Sweden are as simple as it gets. Capital gains on crypto are taxed under the fixed capital gain tax rate of 30%, while any income received in crypto is taxed at appropriate income tax rates. While capital...
Crypto Taxes in the Netherlands: The Complete Guide
Crypto taxes in the Netherlands is unlike any other country – In the Netherlands, you pay a 31% income tax rate on the presumed gains of your crypto. The tax structure in the Netherlands, especially its method to calculate capital gains, can come off as a little problematic to...
Crypto Taxes in Denmark: The Complete Guide
Crypto taxes in Denmark seem pretty straightforward on the surface: You pay income tax on gains realized from selling, spending or disposing of your crypto assets. But the true complexity lies within the income tax structure of Denmark. In this article, we’ll discuss how general tax laws in Denmark...
Crypto Taxes in France: In-Depth Guide
Crypto taxes in France are fairly simple – If you’re an occasional trader, you pay a 30% flat tax rate on capital gains. Otherwise, it’s a 0-45% tax rate in case you’re a professional trader. However, the devil is in the details. The key is how you differentiate between...