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Is Dubai truly a crypto tax-free haven? This assertion seems contradictory as it states that gains made through cryptocurrency transactions are taxable, yet it also claims that Dubai imposes no taxes on crypto gains or personal income. Could you please clarify this apparent contradiction? Are there specific conditions or exemptions that make Dubai appear tax-free in relation to cryptocurrencies? Or is it simply a case of misinterpretation, where Dubai doesn't tax crypto gains directly but taxes may still apply indirectly through other means? It would be helpful to understand the nuances of Dubai's tax policy towards cryptocurrencies to ensure accurate interpretation and compliance.
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