Do crypto traders pay tax UK?
Excuse me, I am a bit confused about the taxation of cryptocurrencies in the UK. As a crypto trader, am I obligated to pay taxes on my crypto transactions and profits? If so, how does the tax system work for cryptocurrencies? Are there any specific rules or regulations that I should be aware of? I would appreciate it if you could clarify this matter for me.
Do crypto traders pay tax in USA?
I'm a bit confused about the tax regulations in the United States regarding cryptocurrency trading. As a crypto trader, am I required to pay taxes on my profits? If so, how does the process work? Are there any specific rules or guidelines I should be aware of? Could you please provide a brief explanation or point me to some resources where I can find more information? Thank you for your time and assistance.