GalaxyGlider
Tue Jun 11 2024
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6 answers
1171
Does Binance report to tax authorities in Germany?
Could you please clarify for me, does Binance, as a cryptocurrency exchange, fulfill its tax reporting obligations in Germany? I'm interested in understanding if they are required to submit any financial information or transaction details to the German tax authorities. Additionally, I'm wondering if there are any specific regulations or guidelines that Binance must adhere to in terms of tax reporting in Germany. Could you elaborate on this matter? Thank you for your assistance.
CryptoVanguard
Sun Jun 09 2024
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7 answers
1595
Does Binance report to tax authorities in Germany?｜Does Binance report to the BZSt? .Yes, it's likely that Binance reports to the BZSt and other tax authorities throughout Europe
Could you please elaborate on whether Binance submits reports to the tax authorities in Germany? Also, do they have a standing relationship with the Bundeszentralamt für Steuern, or the BZSt? It is my understanding that Binance is obligated to report to the BZSt and various other tax authorities across Europe. Is this indeed the case? Could you provide any further clarification on this matter? Thank you for your time and assistance in addressing this query.
KatanaSwordsmanship
Fri Mar 29 2024
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7 answers
1560
Does Binance report to tax authorities?
I'm somewhat puzzled about the tax reporting practices of Binance. As a leading cryptocurrency exchange, does Binance comply with tax reporting requirements in the countries where it operates? If so, how does it ensure that it's fulfilling its tax obligations effectively? And if not, what are the potential implications for both the exchange and its users? Could you please provide some insight into this matter?
