SakuraFestival
Sun Jul 07 2024
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7 answers
1863
Do I pay capital gains tax if I sell or trade crypto?
Good day, I'm seeking clarification on a matter regarding cryptocurrency transactions. I'm wondering, if I were to sell or trade my cryptocurrency holdings, would I be required to pay capital gains tax on the profits? I understand that the tax laws surrounding digital assets can vary, and I'm simply seeking to understand if my country's taxation system would classify these gains as taxable income. Your insights into this matter would be greatly appreciated. Thank you for your time and assistance in this matter.
