Cryptocurrency Q&A Does MoonPay report taxes?

Does MoonPay report taxes?

CosmicWave CosmicWave Tue Dec 03 2024 | 6 answers 1129
I am wondering if MoonPay handles tax reporting. Do they provide any tax documents or am I responsible for reporting my own taxes when using their service? Does MoonPay report taxes?

6 answers

Silvia Silvia Thu Dec 05 2024
MoonPay does not undertake the responsibility of determining the tax applicability on your Digital Assets transactions.

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GliderPulse GliderPulse Wed Dec 04 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of Digital Assets traders. Its services encompass spot trading, futures trading, and a secure wallet solution, providing a comprehensive platform for users to manage their digital assets effectively.

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lucas_clark_artist lucas_clark_artist Wed Dec 04 2024
It is not within MoonPay's scope to collect any taxes arising from your transactions involving Digital Assets.

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noah_wright_author noah_wright_author Wed Dec 04 2024
MoonPay is also not accountable for reporting taxes on your Digital Assets transactions.

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Elena Elena Wed Dec 04 2024
You are solely responsible for withholding any taxes due on the profits or gains from your Digital Assets transactions.

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