EnchantedSoul
Sat Jun 08 2024
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6 answers
951
Did Thailand remove crypto tax?｜The Thailand Finance Ministry has announced the removal of the previously applicable value-added tax on digital asset trading. This exemption, which took effect on Jan. 1, 2024, extends to regulated brokers, dealers, and authorized cryptocurrency exchanges.
Does Thailand no longer tax crypto transactions? I heard that the Thailand Finance Ministry has made an announcement regarding this matter. Have they officially scrapped the previously imposed value-added tax on digital asset trading? This exemption seems to be quite significant, as it would benefit a wide range of market participants. Could you clarify when this tax exemption took effect? Is it true that it went into force on January 1st, 2024? And does this exemption apply to all regulated brokers, dealers, and authorized cryptocurrency exchanges operating in Thailand? I'm keen to understand the details of this policy change.
KpopStarlet
Sat Jun 08 2024
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6 answers
1633
Does Dubai have no crypto tax?｜!Dubai has no capital gains tax and no income tax for individual investors and crypto-friendly regulations
Does Dubai truly have no crypto tax? I've heard rumors that individual investors in Dubai are not taxed on their capital gains and income related to cryptocurrency investments. Is this actually the case? Additionally, I've also heard that Dubai has crypto-friendly regulations. Could you elaborate on these regulations and explain how they benefit crypto investors in Dubai? It would be great if you could provide some clarity on these points, as I'm considering investing in cryptocurrencies in Dubai.
BitcoinBaron
Sat Jun 08 2024
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6 answers
1427
How to avoid crypto tax in Japan?｜. However, if you've purchased or sold crypto and made more than 200k JPY, you must declare your crypto gains on your income tax return. You must also report all crypto received from mining, staking, interest, or airdrops.Japanese taxpayers are not taxed when they purchase, hold, or move crypto between wallets
How can I effectively avoid paying crypto taxes in Japan? I understand that if my crypto transactions exceed 200k JPY, I'm obligated to declare them on my income tax return. But are there any legitimate strategies or methods that can help minimize my tax liability? Additionally, if I engage in activities like mining, staking, earning interest, or receiving airdrops, do I need to report all of these crypto receipts? It seems like there's a lot to consider when it comes to crypto taxes in Japan, so I'm hoping to get some clarity on how to navigate this complex topic.
TaekwondoMaster
Sat Jun 08 2024
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5 answers
965
Does Dubai have crypto tax?
I'm just curious, does Dubai have any specific taxes imposed on cryptocurrencies? I've heard that some countries have started to regulate the crypto market with taxation, and I'm wondering if Dubai follows a similar approach. Could you please elaborate on Dubai's stance towards crypto taxation? I'm particularly interested in knowing if there are any specific tax rates or exemptions related to crypto transactions in Dubai. Thank you for your time!
Chloe_martinez_explorer
Sat Jun 08 2024
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5 answers
1078
How much tax is paid on crypto?｜Short-term crypto gains on purchases held for less than a year are subject to the same tax rates you pay on all other income: for the 2022-2023 tax filing season, depending on your federal income tax bracket.10% to 37%
How much tax do I have to pay on cryptocurrency? I'm curious about the tax implications of my crypto investments. For example, if I hold a crypto asset for less than a year and make a profit from it, how are the taxes calculated? I've heard that the tax rates can vary depending on my income bracket. Could you please clarify the tax rates for the 2022-2023 tax filing season? Are they within the range of 10% to 37%?
